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Aud v gbp

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eagledream

Team Captain
Joined
Mar 29, 2008
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Location
Adelaide
AFL Club
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Hey all,

A question as i have a vested interest interest in the current goings on with the GBP. I'm heading to England in Jan for 2 months and currently for $1 you're getting 62.1 pence. Due to England's recent announcement that they're looking to slash billions and billions from the curent and future budgets to dig themselves out of debt how is this likely to impact on the price of the pound against the aussie dollar? Fair to assume it can only be a good thing (from a travellers perspective)?

Clearly a prediction is basically an opinion, just seeing whether i should be keeping my money before exchanging it a bit closer to the date.

Also, if i was looking to send money to someone in the UK, what's the best way to do that? A money order? direct deposit? I'm assuming the conversions would be horrible!

Cheers for any replys.
 
Also, if i was looking to send money to someone in the UK, what's the best way to do that? A money order? direct deposit? I'm assuming the conversions would be horrible!

Does really depend how much; I've used by www.ukforex.com - they are pretty decent although I think the min is 1000GBP.

Or HSBC is quite good if you have access to HSBC accounts on both sides.
 

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