Pound Falls Further Against Majors
06:41, 23rd April 2014
(RTTNews) - The British currency slipped further against other major currencies in the European session on Wednesday.
The pound dropped to a 6-day low of 171.48 against the yen, from an early multi-week high of 172.77 hit in the early Asian session.
The pound retreated to a 2-day low of 1.6780 against the U.S dollar, from an early high of 1.6834.
The pound hit 6-day lows of 0.8244 against the euro and 1.4815 against the Swiss franc, down from early highs of 0.8200 and 1.4892, respectively.
If the pound extends its downtrend, it is likely to face the support around 169.5 against the yen, 1.64 against the greenback, 0.85 against the euro and 1.45 against the Swiss franc.
Copyright(c) 2024 RTTNews.com, Inc. All Rights Reserved