Reply To: GBP rally could help a lot of expats.



Well lets see how well the Euro zone works in supporting its members if the European Courts up hold a ruling that Spanish Banks have to account and pay on all legally binding Bank Guarantees.(1 highlighted this week by Charlie may just be a start)
Lets see the support for the Euro when the media get hold of the European M.Ps expenses.
If the exchange rate starts to go anywhere near those quoted with interests at these levels then in some areas it may become a very good market indeed and in particular for the early bird.
As always these guys play with figures based on the past and how to line their own pockets.
Lets face it. The ones on the street didn’t need to be told we were in a recession months after anyone with half a brain were well aware the sh-t had hit the pan.