Pound Rebounds Against Majors
17 April 2024 - 3:22PM
RTTF2
The British pound rebounded from early lows against other major
currencies in the European session on Wednesday.
The pound rose to a 2-day high of 1.2481 against the U.S.
dollar, from an early low of 1.2417.
Against the euro, the pound advanced to more than a 5-week high
of 0.8520 from an early 2-day low of 0.8554.
The pound edged up to 192.82 against the yen and 1.1373 against
the Swiss franc, from early lows of 192.01 and 1.1332,
respectively.
If the pound extends its uptrend, it is likely to find
resistance around 1.27 against the greenback, 0.84 against the
euro, 194.00 against the yen and 1.15 against the franc.
Sterling vs CHF (FX:GBPCHF)
Forex Chart
From Apr 2024 to May 2024
Sterling vs CHF (FX:GBPCHF)
Forex Chart
From May 2023 to May 2024