The EU referendum is now only 5 days away and arguable is the most important economic event for the UK economy in over 50 years, expect major swings in the Pounds value this week.
Many economists have been trying to predict what will happen to GBPEUR exchange rates, and quite simply no one knows as the UK has never been in this situation before.
Leading banks including HSBC have exclaimed GBPEUR could fall to parity however I feel this is a scaremongering technique to rally votes for the ‘In’ campaign.
However a ‘Brexit’ will no doubt devalue the Pound and therefore GBPEUR exchange rates will fall. My prediction is for GBPEUR to fall to 1.10-1.15.
If the UK remain part of the EU expect the Pound to make back the losses over the last 2 weeks and GBPEUR to increase into the 1.30s.
If you are looking to buy or sell Euros this year (especially before June 23rd), the currency company I work for enables me to achieve clients up to 5% better exchange rates than the high street banks and other brokerages. I specialise in property purchases and sales.
Therefore if you are buying or selling a property this year and want to save money by achieving the best possible exchange rates but also want help in timing your transfer, get in touch by emailing me on email@example.com. Alternatively if you would like to discuss your requirements over the phone call 01494-787478 and ask to be put through to Dayle Littlejohn
The more information you provide me, the more information I can provide you. Below is a list of what I require: your name, currency pair, brief description of requirement, amount, budget, timescales, telephone number and convenient time to call.