Pound Climbs Against Majors
17 March 2017 - 4:05PM
RTTF2
The pound firmed against its major rivals in early European
deals on Friday.
The pound advanced to more than a 2-week high of 1.2390 against
the dollar, 2-day highs of 140.41 against the yen and 1.2344
against the Swiss franc, from its early lows of 1.2324, 139.74 and
1.2290, respectively.
The pound reversed from an early low of 0.8737 versus the euro,
edging up to 0.8688.
The next possible resistance for the pound may be seen around
1.25 against the greenback, 142.00 against the yen, 1.25 against
the franc and 0.85 against the euro.
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