Still think there is gonna be major flow into GBP. See, after CHF got disgraced as a European safe haven, there was a major flow in GBP. That was about February this year. But then came elections mess and GBP got sold pre elections. On 7th May when elections took place GBP revaluated back to where is started pre elections and flow restarted. Moreover, as Brittains started QE second after US, one may suppose they are gonna hike second. It will take a year or more to do so, and currently they are shortly after elections so GBP still not very stable. On the long run though, once they form a stable and reliable government, think is the one and only European safe haven (Ok, also NOK, as Oil is waking up, but that illiquid currency, GBP much better). I buy it for the next few years
"I know one thing, that I know nothing." Sokrates