Pound Slides Against Majors
29 Gennaio 2018 - 07:40AM
RTTF2
Reversing direction, the pound dropped against its major
counterparts in the European session on Monday.
The pound hit a weekly low of 0.8815 versus the euro and a 5-day
low of 1.4064 against the dollar, down from its early highs of
0.8771 and 1.4158, respectively.
The pound slid to near a 2-week low of 152.95 against the yen
and near a 4-week low of 1.3166 against the franc, off its previous
highs of 154.02 and 1.3257, respectively.
The next possible support for the pound is seen around 1.38
against the dollar, 151.00 against the yen, 1.30 against the franc
and 0.90 versus the euro.
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