whenever someone says [asset] is doing bad on a market.. you have to ask bad for who
if a market was at a high and now correcting down to value, its actually good for buyers
if a market was low offering good deals but now going premium, its actually good for sellers
GBP on the $->£ was at $1=£0.82 two months ago and now $1=£0.78 (-5%)
however
GBP on the £->$ was at £1=£1.22 two months ago and now £1=£1.29 (+5%)
so a good time to buy some $$ and then when things go back sell the dollar and reap the rewards of having more pounds
if the real estate market has slumped then its a good time to buy property.
if the real estate market has inflated then its a good time to sell property.
..
people need to learn there is opportunity at both sides of a market sentiment.
Gbp doesn't offer to the world much other then just destination of wealth and money
One thing what keeps Capital inflow in UK is thats lot people want to register company in UK and manage business online without never even going in UK and even russian citizen can Do that operate company registered In UK it cost little only that's one reason, but London UK is over inflated with money there is not much productive activities mostly only MONEY from all around the world.
But when we talk about GBP well it doesn't do well and will fall against other fiat currencies.
Also need to understood that UK is out of cryptocurrency binance is not there....bybit is not you see a lot liquitity missing to be connected with £ If they will connect more will be bigger inflation too but more money who cares about inflation If this city offers a lot money making money to work then you don't care much about inflation