GB Pounds

After reading Charlie’s article today, would it be wise to purchase GB Pounds now for a GB trip beginning April 2016?

A: Thanks for the question.

Charlie is expecting the AUD to fall against the USD over the medium term. He hasn’t put a timeframe on it.

It is a little more complicated when looking at the GPD, because the European and UK economies are at a different stage to the US.

So, on balance, probably expect the AUD to weaken against the GBP, as it has been doing (gradually) now for some time.

 


Read Answer