Pound Falls Against Majors
February 21 2017 - 11:54PM
RTTF2
The British pound weakened against the other major currencies in
the early European session on Wednesday.
The pound fell to a 2-day low of 140.74 against the yen, from an
early 6-day high of 142.03.
Against the U.S. dollar, the euro and the Swiss franc, the pound
dropped to 1.2438, 0.8446 and 1.2595 from an early 5-day high of
1.2508, a 2-month high of 0.8403 and more than a 1-1/2-month high
of 1.2659, respectively.
If the pound extends its downtrend, it is likely to find support
around 139.00 against the yen, 1.22 against the greenback, 0.86
against the euro and 1.28 against the franc.
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