Like Tree29Likes

2020 GBP to HKD Exchange Rate

Reply
Page 1 of 6 1 2 3 4 ... LastLast
  1. #1

    Join Date
    Dec 2002
    Location
    ???
    Posts
    32,075

    2020 GBP to HKD Exchange Rate

    Quick one - so when does the hangover from the elections or Brexit start?

    Am curious to see what opinions people have on the GBP exchange rate.

    Last week was pretty brutal for someone looking at upcoming expenses in the UK.

    For same of record - have changed the topic and the rate that I'm interested in is

    GBP to HKD:

    1 Pound sterling equals
    10.42 Hong Kong Dollar
    16 Dec, 6:15 am UTC

    Last edited by shri; 16-12-2019 at 02:18 PM.

  2. #2

    Join Date
    Aug 2008
    Location
    ??
    Posts
    18,119
    Quote Originally Posted by shri:
    Quick one - so when does the hangover from the elections or Brexit start?

    Am curious to see what opinions people have on the GBP exchange rate.

    Last week was pretty brutal for someone looking at upcoming expenses in the UK.
    The threat of Corbanism has gone, an orderly exit from the EU is looking more likely. The UK is still growing it's debt mountain and Mr Johnson looks like he will spend heavily with more debt.

    So the best prediction for tomorrow's rate is today's.
    greenmark and GentleGeorge like this.

  3. #3

    Join Date
    Oct 2006
    Location
    Hong Kong
    Posts
    13,961
    Quote Originally Posted by shri:
    Quick one - so when does the hangover from the elections or Brexit start?

    Am curious to see what opinions people have on the GBP exchange rate.

    Last week was pretty brutal for someone looking at upcoming expenses in the UK.
    It could go up, it could go down, or it could stay the same.

  4. #4

    Join Date
    Dec 2002
    Location
    ???
    Posts
    32,075
    Quote Originally Posted by pin:
    It could go up, it could go down, or it could stay the same.
    So, as a nation, the UK might do better, might do worse or might stagnate?
    jdf21st likes this.

  5. #5

    Join Date
    Jul 2004
    Posts
    3,620

    We are surely living in a very strange time as if financial markets are disconnected from reality, i recall last year having discussion with someone from London working in Finance, he was of opinion that Brexit could bring GBP to 1.15 vs USD when it was around 1.27 but here we are, Brexit is almost certain and GBP is stronger... I still think its temporary, Brexit would bring great distortion and who knows how well EU will respond for fresh deals after that, If UK has played this for over 2 yrs keeping EU frustrated all along, BoJo is dreaming if he thinks he can get new deal by 2020 end IMO.. So my call is anything around 1.25 or even below..


  6. #6

    Join Date
    Jul 2004
    Posts
    3,620

    Come on @pin, OP is not asking for philosophical one (he has plenty of it) and he also loves Mark Six so just make your call and put a number ..


  7. #7

    Join Date
    Dec 2018
    Posts
    1,248

    Ten year chart below. If I was going to speculate on the GBP, I'd be waiting until it moves to a more extreme position than it is at the moment – right now it looks like a coin toss in the short term.

    https://www.xe.com/currencycharts/?f...o=USD&view=10Y


  8. #8

    Join Date
    Dec 2002
    Location
    ???
    Posts
    32,075
    Quote Originally Posted by nivantj:
    Come on @pin, OP is not asking for philosophical one (he has plenty of it) and he also loves Mark Six so just make your call and put a number ..
    The thing is, I'm still uneducated about what the process to brexit is and if it will happen or not.

  9. #9

    Join Date
    Jul 2004
    Posts
    3,620

    Me too, almost loosing last year bet/call on NoBrexit or who knows still very slim chance of winning that..


  10. #10

    Join Date
    Feb 2014
    Posts
    672

    I can guarantee that the pound will either go up or down in value. You heard it here first.

    pin and jdf21st like this.

Reply
Page 1 of 6 1 2 3 4 ... LastLast