Pound Rises Against Most Majors
11 December 2024 - 11:19AM
RTTF2
The British pound strengthened against most major currencies in
the Asian session on Wednesday.
The pound rose to nearly a 1-month high of 1.1286 against the
Swiss franc and a 2-day high of 1.2782 against the U.S. dollar,
from Tuesday's closing quotes of 1.1268 and 1.2768,
respectively.
Against the euro, the pound edged up to 0.8240 from a recent low
of 0.8246.
If the pound extends its uptrend, it is likely to find
resistance around 1.13 against the franc, 1.30 against the
greenback and 0.81 against the euro.
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