Pound Falls Against Majors
20 June 2017 - 1:44PM
RTTF2
The British pound weakened against the other major currencies in
the early European session on Tuesday.
The pound fell to a 1-week low of 1.2671 against the U.S.
dollar, a 6-day low of 1.2352 against the Swiss franc and a 5-day
low of 0.8794 against the euro, from early highs of 1.2758, 1.2443
and 0.8738, respectively.
Against the yen, the pound dropped to 141.41 from an early near
2-week high of 142.54.
If the pound extends its downtrend, it is likely to find support
around 1.25 against the greenback, 1.22 against the franc, 0.89
against the euro and 138.00 against the yen.
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