Pound Weakens Against Majors
07 August 2017 - 10:56AM
RTTF2
The pound slipped against its key counterparts at 8:35 am ET
Monday.
The pound pared gains to 144.37 against the yen, from a high of
144.72 hit at 7:00 am ET. The pound had already set a multi-week
low of 144.25 early in the Asian session.
The pound dropped to 1.3027 versus the dollar, 1.2671 versus
franc and 0.9053 against the euro, from its early highs of 1.3059,
1.2718 and 0.9019, respectively.
The next possible support for the pound is seen around 140.00
against the yen, 1.20 against the franc, 0.92 against the euro and
1.28 against the greenback.
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