Pound Falls Against Majors
18 December 2024 - 5:15PM
RTTF2
The British pound weakened against other major currencies in the
European session on Wednesday.
The pound fell to a 2-day low of 1.1327 against the Swiss franc,
from an early high of 1.1369.
Against the euro, the U.S. dollar and the yen, the pound edged
down to 0.8278, 1.2679 and 194.71 from early highs of 0.8251,
1.2722 and 195.49, respectively.
If the pound extends its downtrend, it is likely to find support
around 1.11 against the franc, 0.83 against the euro, 1.24 against
the greenback and 190.00 against the yen.
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