Pound Falls Against Majors
28 Dezember 2020 - 9:03AM
RTTF2
The pound weakened against its major rivals during the European
session on Monday.
The pound depreciated to 4-day lows of 1.3474 versus the
greenback and 0.9056 versus the euro, after rising to 1.3576 and
0.8986, respectively in early deals.
The pound reversed from its early highs of 140.57 against the
yen and 1.2076 against the franc and dropped to 139.65 and 1.2003,
respectively.
The currency is likely to target support around 1.31 versus the
greenback, 0.92 versus the euro, 138.00 against the yen and 1.18
against the franc.
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