This is rather interesting, Despite the appeal of the Olympics, and demand for the British pound this will bring, financial forecasts are for the pound to dip dramatically against the dollar Look.
US Dollar to UK Pound Currency Exchange Forecast
U.S Dollars per one British Pound. Average of Month.
Month
Date
Forecast
Value
50%
Correct +/-
80%
Correct +/-
0
Apr 2012
1.6000
0.000
0.000
1
May 2012
1.597
0.018
0.040
2
Jun 2012
1.564
0.023
0.052
3
Jul 2012
1.543
0.027
0.061
4
Aug 2012
1.484
0.030
0.067
5
Sep 2012
1.456
0.033
0.073
6
Oct 2012
1.429
0.035
0.078
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