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I think it likely will because GBP as an export currency has lost almost 20%. It's just not as interesting a deal. Unless wages are forced up to attract foreign pros which ends up being a further hit to business.

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Yeah, I'm tracking GBP closely and it's hitting levels from 2.5-3 years ago (though still far from 6-years minimum). Current short-term trend is even bullish :-) Fingers crossed all those bad forecasts are not based on facts :-)

I'm interested in what you're looking at which says that. Against the dollar 2.5-3 years ago GBP was never below 1.47, since the referendum, the highest it has been is 1.34 and that was the lowest we got in the 2008/2009 crash.

Ah sorry, I should have mentioned I was tracking GBP against PLN (much much less known currency ;-) )

Against EUR it is not doing THAT bad (but still BAD), but we were over 1.30 in GBPEUR and now we're 1.12 (and hit lows of 1.10 and even 1.09).

For me that causes a problem as I'm saving for a house in the continent, which I have to pay in EUR, now that I might have to leave the UK as my status is not guaranteed: https://hansard.parliament.uk/commons/2016-10-19/debates/F13...

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