The resignation of Gordon Brown looks like it might be opening up the possibility of a Labour/Liberal Democrat coalition but the continued uncertainty is bound to soon start affecting the pound. Even if they do get together and form a government, I would not be overly confident of it lasting a long time. The two big losers from the election join together to form a winning team? Uninspiring at the very least. I think that London might turn bearish on the pound after they’ve had a night to sleep on the events. I’m looking to play it through a long EUR/GBP strategy and getting in at the right level will be the secret. Any good ideas out there?