Will the British Pound go up against the US Dollar soon?
I want to buy a few things from the US and obviously at the moment one Pound is .56, I will still make a saving in comparison to buying from the UK. However taking into account that 1 pound was almost earlier in the year and about .7 – 8 around August. It has now gone down dramatically. What should I do? Should I wait to see if it goes up? Does anyone think it will go up again or keep falling?
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Tagged with: account • comparison • moment • pound • UK • US • year
Filed under: Currencies
It`s likely to fall much lower next year. UK is heading for a worse recession than the other G8 countries.
The dollar right now is horrible!
Now that Obama is president, I think we can get out of this mess. HOPEFULLY!
lol
I guess i would wait.
I doubt it, if anything, it will fall.
What a BROWN mess we are in. Buy now as it will get worse. BROWN says it is worldwide depression – so why do we fall so much against the dollar? The forced interest rate cuts will be of little help as only Higher interest rates encourages investment in the country.
Buy Now.
I hope Tony is wrong as it would mean the pound/dollar divide being worse.