Pound Rises Against Majors
20 November 2024 - 3:56PM
RTTF2
The British pound strengthened against other major currencies in
the European session on Wednesday.
The pound rose to a 6-day high of 1.2715 against the U.S.
dollar, from an early low of 1.2673.
Against the euro, the Swiss franc and the yen, the pound
advanced to 5-day highs of 0.8327, 197.80 and 1.1240 from early
lows of 0.8360, 196.24 and 1.1193, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 1.29 against the greenback, 0.82 against the
euro, 200.00 against the yen and 1.13 against the franc.
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