Pound Drops Against Majors
20 April 2016 - 10:17AM
RTTF2
The British pound weakened against the other major currencies in
the Asian session on Wednesday.
The pound fell to 1.4371 against the U.S. dollar and 156.48
against the yen, from yesterday's closing quotes of 1.4393 and
157.18, respectively.
Against the euro and the Swiss franc, the pound edged down to
0.7911 and 1.3812 from yesterday's closing quotes of 0.7887 and
1.3844, respectively.
If the pound extends its downtrend, it is likely to find support
around 1.40 against the greenback, 150.00 against the yen, 0.81
against the euro and 1.34 against the franc.
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