The pound dropped against its major counterparts in pre-European deals on Wednesday.

The pound ticked down to 1.3163 against the dollar, 148.60 against the yen and 1.2701 against the franc, from its early highs of 1.3184, 148.94 and 1.2725, respectively.

Reversing from an early 5-day high of 0.8920 against the euro, the pound edged down to 0.8935.

The next possible support for the pound is seen around 1.30 against the dollar, 147.00 against the yen, 1.25 against the franc and 0.91 against the euro.

Grafico Cross Sterling vs Yen (FX:GBPJPY)

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Grafico Cross Sterling vs Yen (FX:GBPJPY)

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