Pound Rebounds Against Majors
15 January 2025 - 3:56PM
RTTF2
The British pound rebounded from recent weakness against other
major currencies in the European session on Wednesday.
The pound rose to 0.8420 against the euro, from a recent more
than a 4-1/2-month low of 0.8465.
Against the U.S. dollar, the pound edged up to 1.2241 from a
recent low of 1.2161.
Against the Swiss franc and the yen, the pound advanced to
1.1158 and 192.08 from recent 2-day lows of 1.1095 and 191.29,
respectively.
If the pound extends its uptrend, it is likely to find
resistance around 0.82 against the euro, 1.25 against the
greenback, 1.09 against the franc and 200.00 against the yen.
Euro vs Sterling (FX:EURGBP)
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Euro vs Sterling (FX:EURGBP)
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