Darling: Will do more to cut deficits if growth stronger

UK Chancellor Darling says the UK will do more to cut deficits if GDP turns out stronger than expected. While he welcomed the improved employment data he says he still expects unemployment to rise in 2010. Believing employment has turned the corner would be a msitake, he says.

Cable has broken resistance at 1.6375 and risen as high as 1.6391 thus far.