Pound Spikes Up Against Majors
March 04 2024 - 5:35AM
RTTF2
The pound moved up against its major counterparts in the
European session on Monday.
The pound climbed to a 6-day high of 1.2692 against the
greenback and a 5-day high of 190.93 against the yen, off its early
lows of 1.2646 and 189.78, respectively.
The pound touched 1.1233 against the franc, its highest level
since August 21, 2023.
The pound was higher against the euro, at 0.8557.
The currency is likely to locate resistance around 1.31 against
the greenback, 196.00 against the yen, 1.15 against the franc and
0.84 against the euro.
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