Cheers. will see what the prices look like for August come April / May time. Are we going to get these reductions with BA / Virgin though ?
You should do, but given you are not going until 2017 you can model exactly what happens to price approaching August 2016. Check every so often and log the results on a spreadsheet or something, this will inform you for next year when it's time to work out when to book and how much to pay.
What'll be happening now is they are not at all worried about loads this far out and are therefore happy to mop up the OMGZ MUST BOOK EARLY crowd who'll pay whatever. When we get closer, you'll start to see price movement.