Pound Rises Against Majors
May 19 2017 - 12:44AM
RTTF2
The British pound strengthened against the other major
currencies in the European session on Friday.
The pound rose to a 2-day high of 145.32 against the yen, from
an early low of 143.83.
Against the euro, the Swiss franc and the U.S. dollar, the pound
edged up to 0.8569, 1.2726 and 1.3019 from early lows of 0.8594,
1.2649 and 1.2928, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 148.00 against the yen, 0.83 against the euro,
1.30 against the franc and 1.31 against the greenback.
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