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Pound Drops To 4-day Low Against Swiss Franc

The Swiss franc depreciated by more than 0.6 percent to a 4-day low of 1.4467 against the Swiss franc around 3:50 am ET Tuesday from yesterday's weekly high of 1.4558.

The pound-franc pair may extend its downtrend as its overnight rally above the 1.4550 level seems a failure to sustain its bullish momentum. Next key levels to watch for the pair on the downside are 1.4425, 1.44 and a key support at 1.43.

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