Pound Falls Against Majors
January 16 2025 - 9:12PM
RTTF2
The British pound weakened against other major currencies in the
European session on Friday.
The pound fell to nearly a 1-1/2-month low of 189.34 against the
yen and a 4-day low of 1.1098 against the Swiss franc, from early
highs of 190.23 and 1.1149, respectively.
Against the euro and the U.S. dollar, the pound slipped to 3-day
lows of 0.8484 and 1.2161 from early highs of 0.8418 and 1.2245,
respectively.
If the pound extends its downtrend, it is likely to find support
around 187.00 against the yen, 1.09 against the franc, 0.86 against
the euro and 1.20 against the greenback.
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