I have funded an account ( 50K British pound ) which in today’s rate it came to $82500,if $ goes down to all time low does it mean when I exchange my funds back to British pound I be having less than 50000 I am told the projected forcast for the next 6 month GBP/USD is around 1.36
thanks
carol
Hi,
Most brokers actually offer accounts in gbp, which you might want to look into.
N
thanks aftab but if the GBP/USD goes down to 1.36 will my original 50K go down or will it goes up if exchanged in say six month time
Hi, Carol
If you’ll allow me to butt in here, I can answer your question.
As I understand it, you started out with 50,000 pounds to fund a dollar-denominated account. After the conversion from pounds to dollars (at the current rate of 1.65), your account balance is $82,500.
If you do nothing with that account, but the price of the GBP/USD drops from 1.6500 to 1.3600, then your account balance will still be $82,500.
BUT, you can convert that balance back to pounds, and get 60,661 pounds (and 76 pennies). A tidy profit, to be sure!
Here’s the math:
When you funded your account, 50,000 pounds x 1.65 = $82,500.
After the GBP/USD drops to 1.3600, the pound-value of your account will be $82,500 / 1.36 = 60,661.76 pounds.
I’ll butt out now.
Clint
Edit: I just re-read your original post, and noticed a contradiction. You referred to the dollar going down to “all-time lows”,
and you referred to the GBP/USD going down to 1.3600. These are two completely opposite things.
[B]If the dollar continues DOWN from here, the GBP/USD will go UP.[/B]
[B]If the GBP/USD goes DOWN to 1.36, it will mean that the pound is falling, the dollar is rising, or both.[/B]
CAROL
Not untirely clear from your post which currency your account is in. I understand the �50K but did you fund the account in � or $ ?
If in � and Sterling falls against the Dollar, your account will be worth less. Reverse if your account is in $. Hope that helps. 
Don’t know where you got that advise about GU at 1.36 in six months? Currently (since June) price has broadly been moving sideways after a big up. Support is at 1.621’ish and Resistance is at 1.671’ish.
If you know where its going from there and why, I’d be most grateful to hear from you. 