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GBPUSD Cable finally giving us a rest

Discussion in 'Logistics - Payment & Shipping' started by Sc0tty, May 3, 2016.

  1. Sc0tty

    Sc0tty

    Joined:
    Jan 19, 2010
    Messages:
    701
    Back up to 1.475 this morning. Although still low considering what we have had for the last few years, definitely appreciated to be going back up. Been told by my forex account manager to expect 1.45 until the referendum, so seeing it above that is a relief. Been putting large order on hold and only placing smaller ones for a while.

    Still regretting not ordering a chunk of money when it was above 1.60, and as high as 1.67.
  2. Kingamer

    Kingamer

    Joined:
    Aug 17, 2008
    Messages:
    1,582
    I know what you mean would be nice to see it back above the 1.6

    Sent from my SM-N910F using Tapatalk
  3. Nick-D

    Nick-D

    Joined:
    Oct 29, 2005
    Messages:
    4,847
    We sell alot to the USA and get paid in Dollars so have been enjoying it being low for a while!
  4. Dean

    Dean

    Joined:
    May 22, 2008
    Messages:
    9,437
    Our USD turnover is roughly the same as our USD costs so it is pretty much neutral for us no matter what the exchange rate is.
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