Pound Rises Against Majors
15 September 2017 - 5:34PM
RTTF2
The British pound strengthened against other major currencies in
the European session on Friday.
The pound rose to a 1-year high of 1.3077 against the Swiss
franc and nearly a 1-month high of 0.8774 against the euro, from
early lows of 1.2869 and 0.8907, respectively.
Against the U.S. dollar and the yen, the pound advanced to
15-month highs of 1.3616 and 151.54 from early lows of 1.3381 and
146.61, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 1.32 against the franc, 0.85 against the euro,
1.37 against the greenback and 153.00 against the yen.
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