The British pound is one of the most promising world currencies.
Currently, it is quite difficult to find a liquid asset prone to growth, most currencies are not stable, and precious metals are less liquid and are not suitable for all investors.
Until recently, the Swiss franc was the ideal option, but after its decoupling from the euro and subsequent drawdown, many investors lost confidence in this currency.
But even in modern realities, there is a currency that has simply fantastic growth prospects - the British pound sterling.
To believe this statement, just look at the graph of the pound/dollar currency pair over ten years.
At its peak in 2008, 1 pound was worth 2.11 cents; the current rate is only $1.32 per pound.
What kind of grandiose event caused the British currency to fall by almost 40 percent?
Agree, such a record drop requires more compelling reasons, so we can safely say that the current exchange rate of the pound is significantly undervalued, the currency is undervalued.
At the same time, positive news is beginning to gradually return the British pound to its former strength; surprisingly, Brexit also plays a positive role in this matter.
The UK will not need to bear the burden of the economy of EU outsiders, who consume more than they contribute to the common budget of the commonwealth. And tightening the emigration policy will limit the flow of people into the country who rely on social benefits and do not want to earn their own living.
That is, we can say that at the moment the prospects for the pound are quite rosy; this currency is suitable both for long-term investments and for trading on Forex using medium-term transactions.