Pound Rises Slightly Against Majors
July 12 2017 - 1:34AM
RTTF2
The British pound strengthened against other major currencies in
the European session on Wednesday.
The pound rose to 0.8904 against the euro and 145.88 against the
yen, from an early 8-month low of 0.8949 and nearly a 2-week low of
145.27, respectively.
Against the U.S. dollar and the Swiss franc, the pound advanced
to 1.2865 and 1.2397 from an early 2-week lows of 1.2812 and
1.2339, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 0.87 against the euro, 148.00 against the yen,
1.30 against the greenback and 1.26 against the franc.
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