(RTTNews) - The pound edged sharply lower against its major rivals in early European trading on Wednesday.
The pound fell to an 8-day low of 0.8360 against the euro around 6:00 am ET. On the downside, the British currency may find target around the 0.8390 level.
The sterling also reached as low as 122.29 against the yen, 1.4486 against the Swiss franc and 1.5872 against the US dollar around 6:05 am ET.
If the pound weakens further, likely support levels are seen at 122.0 against the yen, 1.5820 versus the greenback and 1.4480 against the Swiss franc.
