Pound Slides Against Majors
May 22 2015 - 5:08AM
RTTF2
The British pound weakened against the other major currencies in
the early European session on Friday.
The pound fell to 1.5636 against the U.S. dollar and 188.89
against the yen, from yesterday's closing quotes of 1.5689 and
189.65, respectively.
Pulling away from an early more than a 2-month high of 0.7089
against the euro and more than a 3-week high of 1.4684 against the
Swiss franc, the pound edged down to 0.7137 and 1.4581,
respectively.
If the pound extends its downtrend, it is likely to find support
around 1.52 against the greenback, 183.00 against the yen, 0.74
against the euro and 1.40 against the franc.
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