Pound Rises Against Majors
February 08 2017 - 11:08PM
RTTF2
The British pound strengthened against the other major
currencies in the early European session on Thursday.
The pound rose to 1-week highs 0.8501 against the euro, 1.2571
against the U.S. dollar and 1.2519 against the Swiss franc, from
early lows of 0.8547, 1.2497 and 1.2451, respectively.
Against the yen, the pound advanced to a 6-day high 141.24 from
an early low of 140.04.
If the pound extends its uptrend, it is likely to find
resistance around 0.83 against the euro, 1.28 against the
greenback, 1.27 against the franc and 147.00 against the yen.
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