Well, this is not a surprise but the speed of the move today (as ever with stg) is a bit of an eye opener - never have enough on at times like this. Last velocity like this was in 2006 to the upside. Today's economic figures over here in London are appalling but the evidence has been all about us in the shops and property market for many months... I reckon we'll chop about here, drift, and then settle into a 1.85/1.80 range for months. Does anybody think we'll see lower levels?