Does anyone know if it's peaked? On the up/down? We need to buy a lump some and wondering best time to do it???
If anyone knew the answer to that they would be busy making a fortune, not posting it here. Most euro/sterling trades are speculative, and each involves one side who thinks the euro will go up and the other who thinks the euro will go down. If the professionals don't know what chance do we have?
You will be as well to consider where you are buying the Euro's from. Some traders are offering to Sell Euros at 1.12 and buy back at 1.33
You will also get a better deal if you buy a larger quantity.
I agree with PHo, if anyone knows what the rate will do, it would be better than winning the lottery. The pound is strong against most currencies at the moment so now is as good a time to buy as any.
Thanks, it went back up to 1.20 yest so he bought!!
I am always happy to exchange euros for pounds so if there is anyone coming over who needs euros get in touch