Amid the doom and gloom, the Pound has been making fresh highs.
As things stand, GBP is sat at multi-year highs against the US Dollar and the best rate in nearly nine months against the Euro.
The Brexit trade deal alongside the UK’s rapid vaccine roll-out, have given the Pound its recent momentum.
You never know how long a trend will last in currency markets.
As the saying goes “The trend is your friend, until the bend in the end”.
We note there are still plenty of City analysts predicting Sterling will face a challenging year ahead.
The main thing is to be ready and reactive if prices go the right way for you.
Which is why it’s hugely important that you let us know of any upcoming requirements, so we can contact you at the right time.
Despite the current lockdowns we are here to assist you with your foreign exchange needs.
To speak to us, please call 01872 487 500.
For the latest rates, click on the link below.
Thanks For Reading, What Next?
Have a great day, Geoff Lambourne - Direct Dial me on 0044 (0)1872 487 470.
Current rates:
Wednesday 27th January 2021 at 09:15
£1.00 GBP = 1.1312 EURO
£1.00 GBP = 1.3729 USD
£1.00 GBP = 1.7776 AUD
£1.00 GBP = 1.9025 NZD
£1.00 GBP = 1.7478 CAD
£1.00 GBP = 20.7632 ZAR
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