Pound Off Early Highs Against Most Majors
03:37, 29th May 2015
(RTTNews) - The pound retreated from its early highs against most major rivals in European morning deals on Friday.
The pound eased to 189.30 against the yen and 1.5283 against the greenback, off early highs of 189.99 and 1.5341, respectively.
The pound declined to 0.7159 against the euro, from its previous high of 0.7139. The pound is thus edging closer to break early 1-week low of 0.7162.
The pound is likely to face support around 1.50 against the greenback, 185.00 against the yen and 0.72 against the euro.
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