News Column

Pound Slides Against Most Majors

August 21, 2014

BRUSSELS (Alliance News) - The pound fell against most major currencies ahead of European deals on Friday.

The pound slipped to a 3-day low of 1.5099 against the franc and a 2-day low of 0.8015 against the euro, pulling away from early highs of 1.5114 and 0.8007, respectively.

The pound reversed from an early high of 172.26 against the yen and slipped to 171.91.

The pound is likely to eye support around 170.00 against the yen, 1.50 against the franc and 0.805 against the euro.

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Source: Alliance News

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