The pound dropped against its most major counterparts in early European deals on Wednesday. The pound hit a session's low of 0.8910 against the euro, from an early high of 0.8888.
The pound weakened to 1.2939 versus the franc and 1.3875 against the greenback, off its early highs of 1.2995 and 1.3921, respectively. If the pound falls further, it may find support around 0.90 against the euro, 1.27 against the franc and 1.35 against the greenback.
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