empty
 
 

2017.05.2506:05:00UTC+00Pound Falls Against Majors

The British pound weakened against the other major currencies in the European session on Thursday.

The pound fell to 2-day lows of 0.8666 against the euro and 1.2592 against the Swiss franc, from early highs of 0.8636 and 1.2633, respectively.

Against the U.S. dollar, the pound dropped to 1.2950 from an early 2-day high of 1.3014.

The pound edged down to 144.89 against the yen, from an early 8-day high of 145.43. This may be compared to an early 2-day low of 144.49.

If the pound extends its downtrend, it is likely to find support around 0.88 against the euro, 1.24 against the franc, 1.27 against the greenback and 141.00 against the yen.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback