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Should I speculate?

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We have booked a family group visit to London for 9 people, 8 days in June of 2016. The plane tickets are bought and we have reserved 2 adjacent apartments.

So I started wondering--should I buy GBP now while the exchange rate is good? I was thinking around 1000GBP which currently would cost around $1400USD from Chase..

While I recognize that no one can accurately predict what will happen over the next 11 months with
currency values, it just seems to make sense. I have visited London numerous time over the last 15 years or so. and I can't recall ever paying less than $1.60, and once as much as $1.95.

Any thoughts?

Barb

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