By: Mike Paterson

Market taking a dim view of Merv's delivery right now Seems like the fact that he would still  look at further easing with higher inflation is not good for the ol' UK.... No great shock but just underlines the mess we're in.. GBPUSD now below 1.5600 looking to test 1.5580 support and EURGBP roaring up to 0.8650 resistance