Pound Slides Against Most Majors
March 28 2024 - 2:16AM
RTTF2
The British pound weakened against most major currencies in the
European session on Thursday.
The pound fell to a 6-day low of 1.2586 against the U.S. dollar
and a 3-day low of 190.57 against the yen, from early highs of
1.2637 and 191.26, respectively.
Against the Swissf franc, the pound slid to 1.1399 from an early
high of 1.1439.
If the pound extends its downtrend, it is likely to find support
around 1.25 against the greenback, 188.00 against the yen and 1.12
against the franc.
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