When should I buy my euros? (Dayle Littlejohn)

Pound to US Dollar Forecast: Mixed Messages on GBPUSD Exchange Rates

With GBPEUR exchange rates up and down like a yoyo, this week should be no different.

The Supreme Court is set to realise their verdict Tuesday and national newspapers are suggesting UK Prime Minister Theresa May will need to attain Parliament’s approval if she wishes to invoke Article50.

If the newspapers have it right, I expect this could lead to the pound gaining momentum which in turn makes purchasing euros cheaper.

However 2016 was the year of surprises could we see more of the same this year? Who thought Donald Trump would now be President of the United States of America?

Later in the week UK Prime Minister will meet President Donald Trump to discuss arising issues such as nato, terrorism and most importantly for GBPEUR exchange rates a free trade deal. If Mr Trump takes to his famous Twitter account to address the public, this could cause major swings.

All in all, this could be a positive week for GBPEUR exchange rates, however I still believe the closer we get to the Brexit deadline GBPEUR exchange rates will fall.

For further information in regards to GBPEUR exchange rates feel free to email me with the reason for the transfer (company goods, property purchase) and timescales you are working to and I will respond with the options available to you and the process of using the company I work for drl@currencies.co.uk. Alternatively if you would like to discuss your requirements over the phone call 01494-787478 and ask to be put through to Dayle Littlejohn.

** If you are already using a brokerage and would like to know if you are receiving the best rates possible email me with the exact figures and I will reply with our live price. This will take you a few minutes and in the past I have saved clients thousands! **