I don't know about anyone else, but I always observe the two minutes silence and use it to think about any poor sod who has been sent off to war and never came back. It's not about pride in anything, it's an act of humanity towards everyday people who had to go through something terrible.
I don't restrict my thoughts to those who were English or British or whatever, but to all the poor bastards.
The people who try to adopt it for their own ends or see it as some big ugly pro-England thing that needs to be scrapped are completely missing the point.