is it advisable to buy pounds now?

[darren-b]

You don't to see the future to make money from gambling, just a good understanding of statistics, and current information at hand is enough.

The £, as I predicted over a week ago, would bottom out around 1.4, it will over 1-2 years to pick up to anything near 1.6.

Which is slightly different though to predicting whether the pound will get any weaker than it is now against the peso over the next 18 months. It's a long time with too many factors that could influence it.

[somebody]

Which is slightly different though to predicting whether the pound will get any weaker than it is now against the peso over the next 18 months. It's a long time with too many factors that could influence it.

Exactly for the pound/peso rate Phill and several other asian nations are going into recession it looks, so we will have to see how that affects things.

[KeithD]

Which is slightly different though to predicting whether the pound will get any weaker than it is now against the peso over the next 18 months. It's a long time with too many factors that could influence it.

Every currency rides along with the $ as it is what the worlds No.1 commodity is traded in....Oil. So if the £/$ has reached the bottom is slowly climbing, so will other currencies against the £....which they are.