Sterling Weighed Down by Cross Selling

 
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        0727 GMT [Dow Jones] GBP/USD slips to a fresh 1-month low of 1.6693 as sterling crosses come under early selling pressure. GBP/JPY sheds 70 sen to a new 1-month low of 169.54, EUR/GBP prints a fresh day high of 0.8142. Next resistance for EUR/GBP is the mid-May high and downtrend line around 0.8182, support for GBP/JPY comes in at 169.50 and for GBP/USD the next prop is the mid-April low of 1.6672. gary.stride@wsj.com
        (END) Dow Jones Newswires

        May 29, 2014 03:27 ET (07:27 GMT)

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