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It hit 1.90 around 2 weeks or so ago and then dropped back to 1.83. I felt so gutted but knew I shouldn't because that's bound to happen. 1.90 is certainly fantastic compared to recent years. Onwards and upwards :-)...

 

(Sorry to those people who rely on it going in the opposite direction)

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In my very humble opinion, especially with the UK economy being forecast by the IMF as the fastest growing this year, there is only one way the pound is heading 2:1 is what I'm holding out for!

 

Edit: And they're forecasting an interest rate rise in November which will further strengthen the £, I'm not sure but I thought I'd heard the Ozzies were looking at cutting interest rates, which will weaken the $

Edited by flatpack
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