Pound Rises Against Majors
July 16 2017 - 9:08PM
RTTF2
The British pound strengthened against other major currencies in
the Asian session on Monday.
The pound rose to a 6-day high of 147.61 against the yen, from
Friday's closing value of 147.42.
Against the U.S. dollar and the Swiss franc, the pound advanced
to 1.3113 and 1.2637 from last week's closing quotes of 1.3102 and
1.2618, respectively.
The pound edged up to 0.8745 against the euro, from an early low
of 0.8761.
If the pound extends its uptrend, it is likely to find
resistance around 149.00 against the yen, 1.32 against the
greenback, 1.29 against the franc and 0.86 against the euro.
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