Pound Advances Against Majors
September 12 2017 - 10:41PM
RTTF2
Reversing direction, the pound climbed against its major rivals
in early European deals on Wednesday.
The pound firmed to 1.3329 against dollar, a level unseen since
September 2016.
The pound reversed from an early low of 0.9016 against the euro,
rising to 0.8983.
The pound hit near 6-week highs of 1.2793 versus the franc and
146.66 versus the yen, off its early lows of 1.2740 and 146.21,
respectively.
The next possible resistance levels for the pound are seen
around 1.345 against the greenback, 0.88 against the euro, 148.00
against the yen and 1.285 against the franc.
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