The British pound strengthened against the other major currencies in the early European session on Thursday.

The pound rose to nearly a 4-month high of 1.4606 against the Swiss franc and more than a 3-week high of 1.4739 against the U.S. dollar, from early lows of 1.4540 and 1.4692, respectively.

Against the euro and the yen, the pound edged up to 0.7579 and 162.01 from early lows of 0.7605 and 160.93, respectively.

If the pound extends its uptrend, it is likely to find resistance around 1.49 against the franc, 1.49 against the greenback, 0.74 against the euro and 166.00 against the yen.

Sterling vs CHF (FX:GBPCHF)
Forex Chart
From Mar 2024 to Apr 2024 Click Here for more Sterling vs CHF Charts.
Sterling vs CHF (FX:GBPCHF)
Forex Chart
From Apr 2023 to Apr 2024 Click Here for more Sterling vs CHF Charts.