Pound Slides Against Majors
April 29 2016 - 12:18AM
RTTF2
The British pound weakened against the other major currencies in
the early European session on Friday.
The British pound fell to a 9-day low of 156.28 against the yen,
from an early high of 158.06.
The pound dropped to 1.4596 against the U.S. dollar, from an
early near 3-month high of 1.4664.
Against the euro and the Swiss franc, the pound edged down to
0.7796 and 1.4059 from early highs of 0.7764 and 1.4131,
respectively.
If the pound extends its downtrend, it is likely to find support
around 152.00 against the yen, 1.43 against the greenback, 0.79 the
euro and 1.37 against the franc.
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