The U.S. dollar extended its early slide against the pound in European morning deals on Thursday.

The greenback declined to a 3-day low of 1.4911 against the pound, from a high of 1.4858 hit at 5:00 pm ET. The greenback is likely to challenge support around the 1.50 zone.

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