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Do let us know if the GBP ever tumbles against the EUR or USD.
by AndrewOMartin 10y ago
Do let us know if the GBP ever tumbles against the EUR or USD.
- cs02rm0 10y agoThe EUR hasn't exactly been rock solid against USD in recent years.
- mpweiher 10y agoHmm...it started at $1.1686. And now it is at $1.09, so 6% off.
- cs02rm0 10y agoIt's spent more of its life than not above both figures.
- HenryBemis 10y agoGuys, guys.. no panic and no stress! GBP is not going to "collapse" any day soon (if at all). But if I feel that there is an "incident" imminent (e.g. an important negotiation about to fail, and I am expecting a large payment in GBP, I would still receive it and pay taxes within the UK, but I wouldn't mind receiving it in USD or EUR. Pound was, is, and will remain hard currency.
- mpweiher 10y agoSo it was overvalued and is now coming back to earth. Good.
- noja 10y agoIt already did. https://finance.yahoo.com/quote/gbpusd=X?ltr=1 https://finance.yahoo.com/quote/gbpusd=X?ltr=1 or https://finance.yahoo.com/quote/gbpeur=X?ltr=1 https://finance.yahoo.com/quote/gbpeur=X?ltr=1 Click 2Y.