AUD unknown

aud v gbp, page-6

  1. 11,546 Posts.
    Ouch,

    I am happy as i am going to go to the UK and the pound is the weakest its been in 25 years, with our minerals still in deamdn the the poms printing cash to bail out the bankers in the ST i cant see the GBP recovering VS the AUD, but looking out 12-24 months whats to say the UK economy does pick up and we will fall back.

    this is really crystal ball stuff. perhaps you could hedges your capital at this rate as protection then re-assess in 12 months, this is what i would consider...anyway goodluck
 
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