Investing.com - The pound fell against the dollar on Friday after investors locked in gains from Scotland's decision to stay in the U.K. and sold the currency for profits.
In U.S. trading on Friday, GBP/USD was down 0.47% at 1.6320, up from a session low of 1.6304 and off a high of 1.6525.
Cable was likely to find support at 1.6244, Thursday's low, and resistance at 1.6644, the high from Sept. 1.
The pound strengthened earlier after Scottish voters rejected a referendum on independence and opted to remain part of the United Kingdom.
A record turnout of voters delivered a clear victory for the No campaign on Thursday, with 55% of Scottish voters rejecting independence and 45% backing it.
The pound later fell against the greenback, as many investors had already priced a No victory and sold the currency for profits.
The dollar, meanwhile, firmed on expectations for monetary policy to tighten next year.
Earlier this week, the Federal Reserve suggested it plans to close its bond-buying stimulus program next month and hike interest rates in 2015.
While some time will pass between those two policy moves, rate hikes could come quickly once the U.S. central bank moves to tighten, investors have concluded, which bolstered the greenback.
Elsewhere, sterling was up against the euro, with EUR/GBP down 0.14% at 0.7871, and down against the yen, with GBP/JPY down 0.30% at 177.68.