The pound continued its downward trading against the U.S. dollar in early New York deals on Thursday.

The pound depreciated to 1.5242 against the greenback, its weakest since October 13. If the pound continues slide, it may challenge support around the 1.515 zone. At yesterday’s close, the pair was worth 1.5260.

The material has been provided by InstaForex Company – www.instaforex.com