The Swiss franc lost ground against its major counterparts in European trading on Friday.

The franc fell to a weekly low of 1.5526 against the pound, while touching 1.0327 versus the dollar, its lowest since August 2010.

The franc slipped to a 1-1/2-low of 1.0922 against the euro and a 10-1/2-month low of 118.73 against the yen, from its previous highs of 1.0852 and 119.86, respectively.

On the downside, the franc may locate support around 1.05 against the greenback, 1.565 against the pound, 1.10 against the euro and 116.00 against the yen.

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