0824 GMT [Dow Jones]--Sterling remains under pressure from Wednesday's dovish Bank of England Inflation Report, printing a fresh 14-month low of $1.5762 in Asia. Commerzbank technical analyst Karen Jones says the next major support area is between 1.5751-1.5721, which she regards as a break-point to 1.5320, which is a 78.6& Fibonacci retracement of the entire upmove seen since 2013. Now at $1.5775. (gary.stride@dowjones.com)
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(END) Dow Jones Newswires
November 13, 2014 03:24 ET (08:24 GMT)
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