Pound Falls Against Majors
July 21 2016 - 1:35AM
RTTF2
The British pound weakened against the other major currencies in
the European session on Thursday.
The pound fell to 1.3157 against the U.S. dollar, from an early
3-day high of 1.3275.
Against the yen, the euro and the Swiss franc, the pound edged
down to 139.43, 0.8382 and 1.2992 from early 6-day highs of 142.39,
0.8302 and 1.3104, respectively.
If the pound extends its downtrend, it is likely to find support
around 1.27 against the greenback, 130.00 against the yen, 0.86
against the euro and 1.25 against the franc.
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