For a welcome change. Of course there are the usual stories of MPs enriching themselves just as bankers have been doing but on the economic front, the gloom is lifting. This article from the UK Times quotes some leading organisations who claim that the worst of the recession may be over.

EUR/GBP remains in a short-term up trend with little resistance until .9080. Cable has short term technical support/resistance at 1.5030/1.5230.