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Pound Retreats Against Majors

09:27, 27th November 2014

(RTTNews) - The pound came off from its early highs against its major rivals in early New York deals on Thursday.

The pound weakened to 0.7927 against the euro and 1.5160 against the franc, off early highs of 0.7905 and 1.5201, respectively.

The pound eased from an early high of 185.90 against the yen and held steady, with pair trading at 185.19.

The pound slipped to 1.5739 against the greenback, from early more than 2-week high of 1.5825.

On the downside, the pound may find support around 1.565 against the greenback, 182.5 against the yen, 1.50 against the franc and 0.80 against the euro.

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