Pound Drops Against Majors
November 25 2015 - 10:34PM
RTTF2
The British pound weakened against the other major currencies in
the early European session on Thursday.
The pound fell to 1.5090 against the U.S. dollar and 185.05
against the yen, from early highs of 1.5130 and 185.66,
respectively.
Against the euro and the Swiss franc, the pound dropped to
0.7029 and 1.5441 from early highs of 0.7015 and 1.5471,
respectively.
If the pound extends its downtrend, it is likely to find support
around 1.50 against the greenback, 182.00 against the yen, 0.72
against the euro and 1.51 against the franc.
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