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Thread: Sterling on the way up.
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30th April 2009 #1Respected Member
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Sterling on the way up.
It's nice to see that the £/PHP exchange rate is going in the right direction again lately and the upward trend seems to have been sustained for more than a month now.
It's even managed to reach the dizzy height of P72.00 on PNB today. What do the members on here think, will the rise continue, or will it eventually start to drop back down again? 
Iain.
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30th April 2009 #2Administrator
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Sterling keeps hitting resistance levels it has yet to break on all trading currencies, and until it breaks the 1.5 GBPUSD mark it'll still continue to struggle with other currencies.
Sterling hit 1.495 this morning, then the market made sure it went no higher, and now the $$$ is strong again, so back down to 1.483 and falling
....which is good for me as I've sold it 
Keith Driscoll - Administrator
Managing Director, Win2Win Limited
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30th April 2009 #3Respected Member
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wooowwwwwww i hope 75 on monday
Originally Posted by IainBusby
It's nice to see that the £/PHP exchange rate is going in the right direction again lately and the upward trend seems to have been sustained for more than a month now. It's even managed to reach the dizzy height of P72.00 on PNB today. What do the members on here think, will the rise continue, or will it eventually start to drop back down again?
Iain.
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30th April 2009 #4Respected Member
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Well I suppose that because the PHP seems to follow the dollar, that means it'll probably start to fall again tomorrow. Originally Posted by Win2Win
Sterling keeps hitting resistance levels it has yet to break on all trading currencies, and until it breaks the 1.5 GBPUSD mark it'll still continue to struggle with other currencies.
Sterling hit 1.495 this morning, then the market made sure it went no higher, and now the $$$ is strong again, so back down to 1.483 and falling ....which is good for me as I've sold it 
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30th April 2009 #5Member
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hope it does go up a weeeeeeee bit more.... so that we could stick to our original budget for our wedding....
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30th April 2009 #6Respected Member
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still hoping it will get to P80 = £1 so our the holiday will be lovely
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30th April 2009 #7Respected Member
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When I first ever went to Pinas it was 35 pesos to a pound sterling
I remember getting 108 pesos for sterling a few years back
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30th April 2009 #8Banned
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keep going as i got to send the moneys for the wedding over the next few weeks
has realy peeved me over the last year or so the crap rate i can remember when it was 100+ and I WANT THAT AGAIN PLEASEEEEEEEEEE
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