Pound Rises Against Majors
April 12 2017 - 12:46AM
RTTF2
The British pound strengthened against the other major
currencies in the early European session on Wednesday.
The pound rose to a 9-day high of 1.2517 against the U.S.
dollar, from an early low of 1.2480.
Against the euro and the Swiss franc, the pound advanced to near
2-month highs of 0.8478 and 1.2595 from early lows of 0.8505 and
1.2559, respectively.
The pound edged up to 137.33 against the yen, from an early near
3-month low of 136.52.
If the pound extends its uptrend, it is likely to find
resistance around 1.27 against the greenback, 0.83 against the
euro, 1.27 against the franc and 142.00 against the yen.
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