Is the Pound Sterling likely to increase any further this month?
Or can we expect it to perhaps fall even further in value?
- Anne CampbellLv 64 months ago
Much depends on how the markets view our likelihood to leave the EU.
- WhoLv 74 months ago
Its gonna go up and down , what happens with brexit will determine which direction it goes afterwards
MY prediction is that if brexit is a no deal then it will plummet
Maybe 1£ getting to less value than 1$
and THAT means every single thing you buy is gonna cost more (aint you noticed prices increasing over the past few months?
- forte88engLv 74 months ago
i'm usually an optimist in every respect but i can't foresee any benefits that might set the pound back on an upward trend over the rest of this year. i think it will take a general election and yet another coalition result and even that's unlikely to do it unless we refuse to allow the traditional those in opposition are there to oppose the other regardless.
- tellitlikeitisLv 74 months ago
The closer we get to a 'no deal' Brexit, the further it will fall. However, when, like Chicken Licken, the markets discover that the sky doesn't fall after Brexit, it will make a very slow recovery, depending on how chaotic the UK remains in its new status.
- How do you think about the answers? You can sign in to vote the answer.
- robert xLv 74 months ago
its in the doldrums right now, it may fall further, its great for poeple visiting the Uk, not so good for Brits going abroad unless they are going to places like turkey
- geraldLv 74 months ago
its great being down our stuff is cheaper to buy the fact we have a trade deficit and buy more than we sell well lets not think about that, it was the same in the 1980s when the Tories stirred relations with Europe up the pound went really low and mortgages hit the roof just another ditty to cheer you up with ,3 million out of work Brits working in Germany like immigrants builders IRONIC OR WHAT
- BiffLv 64 months ago
It might recover from the shock of Michael Gove saying the government is 'operating on assumption' of no deal but it would only take one of Boris Johnson's cabinet or that serial liar Dominic Cummings repeating something similar to send it down again. I wonder how many of those people whose foreign holiday will cost a lot more voted Leave?
- Anonymous4 months ago
A fall in the the Pound will make UK exports even more competitive internationally which will reduce unemployment therefore reducing the pool of frustrated street thugs that Labour rely on to intimidate their political opponents.
- Anonymous4 months ago