Is The Pound Actually Strengthening?

The answer is yes! but only down under. Anyone looking for cheaper travel this winter should be heading to the southern hemisphere where the pound has actually strengthened. Although the pound has fallen in price against the US Dollar, reports show it has gained in value in South Africa, Australia, New Zealand and Brazil. Backpackers and holiday makers looking to take advantage of this may want to hold out buying their flights for just a moment because as the price of oil falling, it is likely that airlines will drop their hefty fuel surcharges and lower ticket prices.

This seems to be a bit of good news in what seems to be dark days for he pound and British holiday maker. It will be interesting to see whether people do decide to travel further next summer to cheaper location and boycott visits to the USA or mainland Europe. I would argue that people will still go to these locations but will save harder than before. Holidays and travel are something the average person does not cut back on as it is sometimes the only time they can escape British weather.