IS IT a bird, is it a plane - or is it in fact a UFO over the skies of Melrose?

IS IT a bird, is it a plane - or is it in fact a UFO over the skies of Melrose?
http://www.bordertelegraph.com/news/roundup/articles/2011/05/10/413144-unidentified-flying-object-spotted-over-melrose/

An eagle eyed photographer, who we agreed not to name, spotted the strange shape high above the Waverly Hotel on Monday afternoon about 3pm.