Pound Slides Against Majors
November 26 2018 - 11:30PM
RTTF2
The pound drifted lower against its major counterparts in early
European deals on Tuesday.
Reversing from its early highs of 0.8836 against the euro and
1.2798 against the franc, the pound slipped to 5-day lows of 0.8880
and 1.2732, respectively.
The pound fell to near a 2-week low of 1.2734 against the dollar
and a 4-day low of 144.60 against the yen, from its early highs of
1.2820 and 145.54, respectively.
If the pound slides further, it may find support around 0.90
against the euro, 143.00 against the yen and 1.26 against both the
franc and the dollar.
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