The pound dropped against other major currencies
Reversing direction, the pound dropped against its key counterparts in early European deals on Thursday.
The pound declined to the level of 1.3111 against the franc, relatively high of 1.3144, noted at 3:15 am et.
The pound recovered to a level 1.3098 against the U.S. dollar, 148.62 against the yen and 0.8855 against the Euro, relative to their maximum values early 1.3153, 149.70 and 0.8824 respectively.
The next possible support for the pound can be found in the field 147.00 against the yen, 1.28 against the franc and 0.90 against the Euro and 1.30 against the U.S. dollar.