The British pound weakened against other major currencies in the European session on Wednesday.

The pound fell to more than a 2-month low of 1.2589 against the U.S. dollar and a 6-day low of 139.85 against the yen, from early highs of 1.2635 and 140.83, respectively.

Against the euro and the Swiss franc, the pound dropped to 8-day lows of 0.8845 and 1.2266 from early highs of 0.8811 and 1.2319, respectively.

If the pound extends its downtrend, it is likely to find support around 1.24 against the greenback, 137.00 against the yen, 0.89 against the euro and 1.21 against the franc.

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.