Pound Drops Against Majors
March 15 2017 - 8:26PM
RTTF2
The British pound weakened against the other major currencies in
the Asian session on Thursday.
The pound fell to a 1-week low of 138.94 against the yen, from
yesterday's closing value of 139.34.
Against the euro and the Swiss franc, the pound dropped to 2-day
lows of 0.8747 and 1.2262 from yesterday's closing quotes of 0.8731
and 1.2290, respectively.
Against the U.S. dollar, the pound edged down to 1.2260 from
yesterday's closing value of 1.2288.
If the pound extends its downtrend, it is likely to find support
around 137.00 against the yen, 0.88 against the euro, 1.21 against
the franc and 1.19 against the greenback.
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