Should you buy euros/dollars now, before the general election?

The pound is still in the doldrums. Even after a slight strengthening on the back of Tuesday’s election announcement it still currently only buys just €1.20. Against the dollar, the rate is just $1.28 – historically very poor. 

The EU referendum’s hit the pound. Should you buy euros and other holiday currency now for the summer?

Update note 14 June 2016: I wrote this blog in March and the logic still stands (I’ve also speedily updated the products and exchange rates) and if you click the links it takes you through to the current write-ups for each deal. The pound has tanked in recent months. Last year £1 bought you as much as €1.43, now...