will GBP get stronger ?

Dhillon

Dhillon Sa'aB™
Staff member
A question for those who have some knowledge about currency fluctuations.
Do you think the British Pound will get stronger in the near future or its down for good ?
 

Johal

ChArDi KaLaN
as the Euro crisis started after Greece debt crisis, there was statement from Hungry
which brings euro 1.900 against dollar

may be it ll hit UK also later
 

Johal

ChArDi KaLaN
there is a survey that euro ll be dead in five years coz eurozone will lose three or four members Greece, Portugal, maybe Ireland and could break up altogether because of the growing friction between France and Germany."



like today euro traded lowest up to 1.1874

so it can be go more down

all depends on global news

as of now latest statement from hungry is

Hungary’s government reversed course over the weekend, saying there was no danger of default after it spent two days telling the world the nation was at risk of a Greece-like crisis.
 
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