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Hmm...it started at $1.1686. And now it is at $1.09, so 6% off.


It's spent more of its life than not above both figures.


Guys, guys.. no panic and no stress!

GBP is not going to "collapse" any day soon (if at all). But if I feel that there is an "incident" imminent (e.g. an important negotiation about to fail, and I am expecting a large payment in GBP, I would still receive it and pay taxes within the UK, but I wouldn't mind receiving it in USD or EUR.

Pound was, is, and will remain hard currency.


So it was overvalued and is now coming back to earth. Good.




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