The pound erased its previous losses against the other major currencies in New York morning deals on Thursday.

The pound bounced off to 1.5114 against the greenback, 185.23 against the yen and 0.7025 against the euro, from its prior lows of 1.5066, 184.66 and 0.7044, respectively.

The pound advanced to a 3-day high of 1.5482 against the franc, reversing from an early low of 1.5403.

If the pound extends rise, it may locate resistance around 1.52 against the greenback, 188.00 against the yen, 0.69 against the euro and 1.56 against the franc.

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