The pound retreated from its early highs against most major rivals in European morning deals on Friday.

The pound eased to 189.30 against the yen and 1.5283 against the greenback, off early highs of 189.99 and 1.5341, respectively.

The pound declined to 0.7159 against the euro, from its previous high of 0.7139. The pound is thus edging closer to break early 1-week low of 0.7162.

The pound is likely to face support around 1.50 against the greenback, 185.00 against the yen and 0.72 against the euro.

Euro vs Sterling (FX:EURGBP)
Forex Chart
Von Mär 2024 bis Apr 2024 Click Here for more Euro vs Sterling Charts.
Euro vs Sterling (FX:EURGBP)
Forex Chart
Von Apr 2023 bis Apr 2024 Click Here for more Euro vs Sterling Charts.