£ strongest major currency in the world in 2009

gozomark

all investment (including in currencies) - is about the same two psychological factors in the short term, fear and greed - that's what drives prices. In the long term its fundamentals that determine prices.

In reality, the long term fundamentals Euro zone v UK don't change much, so its fear and greed that drive it. The move to close to parity was pure fear, the prior move to 1.50 was pure greed (higher UK than euro interest rates).

purch

I couldn't resist looking back to see what the old threads were. Picking a few non-gold ones almost at random

How about old Charles1968 and his 'brilliant' ideas

http://forums.moneysavingexpert.com/showthread.html?t=1323733&highlight=

DiggerUK

Gozomark,
This article summarises a lot of the current fundamentals with regards sterling.
Doesn't answer the question about were sterling is going, but it does show how volatile everything is.

Can't understand why he is so negative about Gorgeous Gordon !

http://seekingalpha.com/article/141952-britain-facing-sterling-currency-crisis