Pound Falls Against Majors
November 25 2024 - 8:21PM
RTTF2
The British pound weakened against other major currencies in the
Asian session on Tuesday.
The pound fell to nearly a 2-month low of 192.55 against the
yen, from Monday's closing value of 193.80.
Against the U.S. dollar and the Swiss franc, the pound dropped
to 4-day lows of 1.2507 and 1.1118 from yesterday's closing quotes
of 1.2567 and 1.1133, respectively.
The pound edged down to 0.8352 against the euro, from
yesterday's closing value of 0.8346.
If the pound extends its downtrend, it is likely to find support
around 188.00 against the yen, 1.24 against the greenback, 1.10
against the franc and 0.85 against the euro.
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