I’ve been investing now since April so I’m still new to all this.
How can I counter the foreign exchange rate hammering my gains on investments, at what point should I buy more ? Would it be when the pound is strong or weak ? To offset this cheers image|231x500
Welcome to forum
Unfortunately there is nothing you can do but wait. Brexit might tip the scale and we’ll all make profit.
What sort of outcome would brexit have on the exchange rates ? Between gbp to usd ?
Yes. Similar thing happened after Brexit vote where GBP lost 30% of the value. Simply put £1 after Brexit won’t be worth as much as it is now in comparison to $ and your investment in USD will “grow” as a result.
Thanks that makes sense now , roll on brexit