Pound Falls Against Majors
06:14, 3rd August 2015
(RTTNews) - The British pound weakened against the other major currencies in the European session on Monday.
The pound fell to 0.7041 against the euro and 1.5584 against the U.S. dollar, from early highs of 0.7011 and 1.5644, respectively.
Pulling away from 4-day highs of 194.23 against the yen and 1.5137 against the Swiss franc, the pound slipped to 193.47 and 1.5054, respectively.
If the pound extends its downtrend, it is likely to find support around 0.71 against the euro, 1.54 against the greenback, 191.00 against the yen and 1.48 against the franc.
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