The pound trimmed its early losses against its key counterparts in European deals on Wednesday.

The pound that fell to a multi-month low of 1.3998 against the franc and a 5-day low of 0.7418 against the euro in early deals reversed direction and was trading at 1.4070 and 0.7369, respectively.

The pound edged up to 182.45 against the yen, off early 2-day low of 181.43.

The pound came off from its previous low of 1.5149 against the greenback and rose back to 1.5236. The currency is thus heading to break its early multi-day high of 1.5240.

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