Ringgit likely to strengthen

Bank negara raised overnight policy rate to 2.25% citing strong Malaysian economic growth. (sourced from TheStar)... As cited in my earlier post on GBPMYR, the Ringgit has risen substantially against the Pound.
Riding on the optimism of the strong Malaysian market, and the debt problems and high unemployment claims of Britain, we will need to see if the Ringgit will break the support level at 5.00.
If it does, I would be seriously looking at ways to take advantage of the weak pound.