Just a quick note to let all those that have been hanging on waiting to buy Aussie Dollars and been despairing at the increasingly strong dollar that the pound is strengthening, it started late last week and has been increasing all day. It looks like this trend could continue until at least Wednesday which is when some more economic data is releases and then who know what the rates will do.
I have been told that it is more likely to weaken again than to go over 2.40 but who know!!!
Just wanted to help give a heads up to those looking to buy soon or who want to forward buy and fix the rate at what could be better rates than we have seen for a while.
Good luck everyone