Pound Rises Against Most Majors
15 October 2024 - 4:06PM
RTTF2
The British pound strengthened against most major currencies in
the European session on Tuesday.
The pound rose to nearly a 2-week high of 0.8336 against the
euro and a 5-day high of 1.3087 against the U.S. dollar, from early
lows of 0.8352 and 1.3035, respectively.
Against the Swiss franc, the pound edged up to 1.1276 from an
early low of 1.1248.
If the pound extends its uptrend, it is likely to find
resistance around 0.81 against the euro, 1.34 against the greenback
and 1.13 against the franc.
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