The currency exchange is more of a curiosity. Mildly positive/improving over the long run due Br raising rates 2 years before the US and now having the option of lowering rates to improve GDP (but don’t think they will do so -cuz rest of the world sucks worse).
I’m in Br mostly for the dividends which, going into a likely global recession, removes the worries of loss of asset values/trading losses.
“ The currency exchange is more of a curiosity.”
Nothing curious about it.
And it dilutes foreign returns significantly.