'Lighthearted' analysis by JP Morgan says the English will prevail after a shootout win over Spain in the final

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England coach Fabio Capello (left) and John Terry (right) must be pleased by the study

England will win the World Cup this summer after overcoming their traditional Achilles heel to beat Spain on penalties in the final, according to 'lighthearted' analysis by JP Morgan on Wednesday.

The US bank's number crunchers have applied complex quantitative analysis -- more normally used to assess investment opportunities -- to the 32 teams in the tournament in South Africa, which kicks off on June 11.