Pound Drops Against Most Majors

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Pound Drops Against Most Majors

(RTTNews) - The pound weakened against its most major counterparts in the New York session on Monday.

The pound retreated to 1.3362 against the greenback, from an early nearly 7-month high of 1.3421.

The pound eased to 188.16 against the yen. This may be compared to an early 4-day low of 188.00.

The pound weakened to a 4-day low of 1.0782 against the franc.

The currency may challenge support around 1.31 against the greenback, 181.00 against the yen and 1.06 against the franc.

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