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Is it a good time to use aud to buy gbp


Tom Roffey

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2 hours ago, Tom Roffey said:

With the pound so week at the moment is now a good time to use any spare aud to buy sterling?

That would depend upon how much faith you have in the pound strengthening. If it's going to fall even further and stay low for decades then it's a really, really bad time to buy sterling. How good is your crystal ball? 

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When we were moving money out we got 1.8 to the pound. I thought it was bad during the build up the moving until i saw the one, two, five and 10 year average was 1.7

I cant imagine making money buying sterling at the moment its got a long way still to fall......

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