Bad news for Spain as UK wakes up to hung parliament

And so we wakes up to news that the UK is facing a hung parliament, and the possibility -watching a very tired Mandelson spar with Paxman about it now- of Brown hanging on via a LD coalition. Terrible news for Spain, as the pound plummets on the news – from 1.19 last night to just over 1.15 over night. Think it´s going to go back up in time for the holiday season?