Pound Strengthens Against Majors
March 19 2017 - 11:34PM
RTTF2
The pound climbed against its major counterparts in early
European trading on Monday.
The pound climbed to 1.2426 versus dollar, its highest since
February 28.
The pound that closed Friday's trading at 139.65 against the yen
edged up to 139.88.
The pound firmed to near a 2-week high of 1.2379 against the
franc, off its early low of 1.2333.
The pound rose back to 0.8669 against the euro, from its early
low of 0.8692. The currency is edging closer to pierce its early
nearly 2-week high of 0.8659.
The next possible resistance for the pound may be found around
1.26 against the dollar, 141.00 against the yen, 1.25 against the
franc and 0.85 against the euro.
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