Pound Rises Against Majors
June 25 2024 - 1:57AM
RTTF2
The British pound strengthened against other major currencies in
the European session on Tuesday.
The pound rose to a 5-day high of 1.2702 against the U.S. dollar
and nearly a 2-week high of 1.1354 against the Swiss franc, from
early lows of 1.2682 and 1.1315, respectively.
Against the yen and the euro, the pound edged up to 202.62 and
0.8450 from early lows of 201.96 and 0.8464, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 1.29 against the greenback, 1.16 against the
franc, 204.00 against the yen and 0.82 against the euro.
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