Pound Falls Against Majors
24 February 2017 - 3:57PM
RTTF2
The British pound weakened against the other major currencies in
the early European session on Friday.
The pound fell to 1.2524 against the U.S. dollar, from an early
more than a 2-week high of 1.2569.
Against the yen, the euro and the Swiss franc, the pound dropped
to 140.85, 0.8451 and 1.2595 from early 2-day highs of 141.77,
0.8422 and 1.2645, respectively.
If the pound extends its downtrend, it is likely to find support
around 1.23 against the greenback, 137.00 against the yen, 0.86
against the euro and 1.24 against the franc.
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