The British pound extended its early slide against the other major currencies in the early European session on Tuesday.
The pound fell to 5-day lows of 1.5032 against the U.S. dollar, 184.96 against the yen and 1.4999 against the Swiss franc, from early highs of 1.5061, 185.75 and 1.5062, respectively.
Against the euro, the pound dropped to a 4-day low of 0.7235 from an early high of 0.7194.
If the pound extends its downtrend, it is likely to find support around 1.49 against the greenback, 183.00 against the yen, 1.47 against the franc and 0.74 against the euro.
The material has been provided by InstaForex Company – www.instaforex.com