The pound continued its early decline against the other major currencies in European deals on Thursday.

The pound fell to a 2-day low of 0.7318 against the euro, 1-week low of 1.4211 against the franc and a 3-day low of 176.76 against the yen, off early highs of 0.7252, 1.4336 and 177.73, respectively.

The pound pared gains to 1.4779 against the greenback, from a high of 1.4867 hit at 3:05 am ET.

The next possible support for the pound may be located around 1.46 against the greenback, 1.40 against the franc, 176.00 against the yen and 0.74 against the euro.

The material has been provided by InstaForex Company –