Pound Weakens Against Majors
20 November 2023 - 6:58PM
RTTF2
The pound declined against its key counterparts in the European
session on Monday.
The pound eased to 1.2461 against the greenback and 1.1013
against the franc, from an early more than 2-month high of 1.2510
and a 5-day high of 1.1046, respectively.
The pound dropped to near a 2-week low of 184.62 against the yen
and a 4-day low of 0.8765 against the euro, from its early highs of
186.78 and 0.8742, respectively.
Next key support for the currency is likely seen around 1.21
against the greenback, 1.09 against the franc, 170.00 against the
yen and 0.90 against the euro.
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