Pound Rises Against Majors
June 19 2017 - 1:46AM
RTTF2
The British pound strengthened against the other major
currencies in the European session on Monday.
The pound rose to a 5-day high of 1.2814 against the U.S.
dollar, from an early low of 1.2757.
Against the yen and the euro, the pound advanced to 142.34 and
0.8734 from early 4-day low of 141.33 and 0.8780, respectively.
Against the Swiss franc, the pound climbed to a 4-day high of
1.2468 from an early 4-day low of 1.2409.
If the pound extends its uptrend, it is likely to find
resistance around 1.30 against the greenback, 144.00 against the
yen, 0.85 against the euro and 1.26 against the franc.
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