The pound bounced off from its early lows against most major rivals in European morning deals on Wednesday.
The pound recovered to 1.4464 against the greenback, 171.16 against the yen and 1.4557 against the franc, from its early lows of 1.4419, 169.79 and 1.4461, respectively.
The next possible resistance for the pound is seen around 1.47 against the greenback, 173.00 against the yen and 1.46 against the franc.
The material has been provided by InstaForex Company – www.instaforex.com