WILL THE DOLLAR GET STRONGER AGAINST THE POUND AGAIN?

• THE CURRENT EXCHANGE RATE IS 1.61 DOLLARS TO 1 POUND. I AM JUST WONDERING WHETHER THE POUND WILL CONTINUE TO GET STRONGER AGAINST THE DOLLAR, OR WHETHER THE DOLLAR WILL PICK UP AGAIN AND RETURN TO AROUND 1.4 DOLLARS TO THE POUND? I HAVE READ FORECASTS SUGGESTING THAT THE DOLLAR'S VALUE WILL INCREASE AS MUCH AS 1.35 DOLLARS TO THE POUND!! IS THIS HIGHLY LIKELTY TO HAPPEN?

  31 May 2009, 12:47 CHRIS