By Alex Ellis

Today’s currency news has seen Sterling exchange rates remain at low levels following the news that some of the countries within the Eurozone may be bailing out Greece. Although this has been seen as a general negative for the Eurozone Sterling rates seem to be faltering due to a lack of confidence in the currency.

Some analysts have been predicting that the GBP/USD exchange rates could hit as low as 1.51 for those looking to purchase Dollars this makes any transaction ever more expensive. In summary the currency market is especially volatile at the moment and therefore a wise move may be to contact an experienced currency broker in order to ensure you are well informed before committing to anything.