The pound came off from early lows against the other major currencies in European deals on Monday.
The pound recovered to 1.5260 against the franc and 0.7971 against the euro, from early lows of 1.5230 and 0.7984,respectively.
The pound that dropped to 172.44 against the yen and 1.6814 against the greenback in prior deals reversed direction and was trading at 172.73 and 1.6832, respectively.