Pound Falls Against Majors
July 29 2024 - 1:57AM
RTTF2
The British pound weakened against other major currencies in the
European session on Monday.
The pound fell to nearly a 4-week low of 0.8461 against the euro
and a 4-day low of 196.88 against the yen, from early highs of
0.8431 and 198.62, respectively.
Against the U.S. dollar, the pound slipped to nearly a 3-week
low of 1.2807 from an early 4-day high of 1.2889.
Moving away from an early 4-day high of 1.1385 against the Swiss
franc, the pound edged down to 1.1334.
If the pound extends its downtrend, it is likely to find support
around 0.85 against the euro, 195.00 against the yen, 1.26 against
the greenback and 1.12 against the franc.
Sterling vs Yen (FX:GBPJPY)
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