Shall I exchange from GBP to USD now or wait

P

Plums

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Hi

I am going on Holiday in December and I need to transfer over my GBP to USD. I was going to do this last week when the rate was 1.75 to the £, however in the last 2 days this has dropped to a little 1.51 to the £. Do I take the hit now and exchange before it drops any further or shall, I hang on, hoping in the next 7 weeks it climbs back up to a more benefical exchange rate???

Some one please advise!!!!!
 
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