Wherei is the £ heading now.

[jamielyon4]

one mans view on the forecast for the £/Euro some interesting points raised

http://www.poundsterlingforecast.com/

[cereza]

Well the Euros problems haven't been at all improved by the Irish bailout. The sights are now firmly set on Portugal.
The euro has lost some 8% against the US$ reently and looks set for further losses. Sterling is faring much better against the dollar with the result that Euro/Sterling is above 1-19 today with 1-20 the next target.