Hypothetical

 

I have 75,000 in a USD currency account. Been there since last year.

 

What do you do?

 

Is GBP value against the USD gonna go close to parity. Given all the uncertainty it's looking like a nose dive and a half between now and October.

 

How far can this go?

 

User can only transfer to GBP account no other tools at disposal.

 

 

Hypothetical

 

How longs a piece of string????

Just now, sammieuk1 said:

Hypothetical

 

How longs a piece of string????

Hypothetical

 

How many more times you wanna type that.

One thing is for sure, the GBP is going to be volatile in the near term. So, if you like volatility, move into it, otherwise stand clear.

6 hours ago, Mikisteel said:

User can only transfer to GBP account no other tools at disposal.

is your account kept in a British hardware store that you can convert only to GBP?

2 hours ago, Naam said:

is your account kept in a British hardware store that you can convert only to GBP?

 

Hypothetically, yes...

 

I hope it does go to parity. I will be backing up the truck.

 

 

Den

Some people will get filthy rich on the UKP by buying in October and then just sitting it out. I - for one - believe in the UK and over time the UK will stand strong again against the rest of the plot, foremost the EUR and the USD. I'm not an UK citizen but the UK always functioned, the worse the crisis the better it functioned. Lets wait and see ???? 

what people love to reply normally :  don't bring anything into Thailand that you are not ready to leave behind in case of ... well, so many things these days...

Have your Mom buy some gold and hide it in a really good place!

Just now, johnnysunshine said:

Have your Mom buy some gold and hide it in a really good place!

No thanks Johnny boy