The U.S. dollar declined against most major counterparts in early European deals on Thursday.

The greenback reversed from an early high of 1.2773 versus the pound, edging down to 1.2842.

The greenback that closed yesterday's trading at 1.0711 versus the euro and 0.9982 against the Swiss franc slipped to more than 3-week lows of 1.0776 and 0.9945, respectively.

Retreating from an early high of 0.7493 against the aussie, the greenback dropped to 0.7532.

The greenback is likely to find support around 0.77 against the aussie, 1.30 against the pound, 0.98 against the franc and 1.09 against the euro.

Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more Sterling vs US Dollar Charts.
Sterling vs US Dollar (FX:GBPUSD)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more Sterling vs US Dollar Charts.