Pound Rises Against Majors
14 June 2017 - 1:10PM
RTTF2
The British pound strengthened against the other major
currencies in the Asian session on Wednesday.
The pound rose to 5-day highs of 1.2794 against the U.S. dollar
and 140.80 against the yen, from early lows of 1.2739 and 140.19,
respectively.
Against the euro and the Swiss franc, the pound advanced to
5-day highs of 0.8769 and 1.2386 from early highs of 0.8803 and
1.2327, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 1.30 against the greenback, 143.00 against the
yen, 0.85 against the euro and 1.26 against the franc.
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