Pound Falls Against Majors
November 07 2024 - 11:48PM
RTTF2
The British pound weakened against other major currencies in the
European session on Friday.
The pound fell to a 3-day low of 197.19 against the yen, from an
early high of 198.83.
Against the Swiss franc, the U.S. dollar and the euro, the pound
edged down to 1.1288, 1.2936 and 0.8325 from early highs of 1.1334,
1.2983 and 0.8308, respectively.
If the pound extends its downtrend, it is likely to find support
around 195.00 against the yen, 1.11 against the franc, 1.27 against
the greenback and 0.84 against the euro.
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