Exchange rate-Will it go up again?

[IAN5150]

As you know over the last few months has seen the rate going steadily up from around 1.51 to 1.64 which its been at for around a week ,Anyone reckon it will go up further? Or God forbid down?
Im buying dollars here and there never know what to do For the best. Im getting some later but 2 weeks ago they were 2 lower! which I was happy with anyway!!
Any Advice?
Thanks Ian

 

[charlottebetty]

Ive been watching the exchange rates. A couple of years ago I only got 1.35 for a pound so I was seriously thinking of buying at 1.63.

I was reading in the wekend papers( week $ or strong $ or something) that the rate is expected to rise to 1.75 - 1.80 so Im hanging on but keeping a very close eye on things.

In the end on £1000 I am gaining a free night in the AKL ( to what I last got) so it will be worth it for me.