London bridge is falling down...

“I would urge you to sell any sterling you might have,” said Jim Rogers, chairman of Singapore-based Rogers Holdings, in an interview with Bloomberg Television. “It’s finished. I hate to say it, but I would not put any money in the U.K.”

The CABLE recovered shortly after my exit in the last position climbing back close to 1.5 again before crashing down to almost 1.4. A whooping 1000 pips. If only I had held the position.

I wonder how will the markets react to Obama's speech during the inauguration ceremony.