Pound Rises Against Majors
20 September 2024 - 2:38PM
RTTF2
The British pound strengthened against other major currencies in
the European session on Friday.
The pound rose to a 2-1/2-year high of 1.3341 against the U.S.
dollar and more than a 2-year high of 0.8381 against the euro, from
early lows of 1.3272 and 0.8407, respectively.
Against the Swiss franc and the yen, the pound advanced to
nearly a 2-month high of 1.1300 and nearly a 3-week high of 191.12
from early lows of 1.1240 and 188.73, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 1.34 against the greenback, 0.82 against the
euro, 1.15 against the franc and 195.00 against the yen.
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