Pound Rises Against Majors
November 08 2023 - 11:07PM
RTTF2
The British pound strengthened against other major currencies in
the European session on Thursday.
The pound rose to a 3-day high of 185.78 against the yen, from
an early low of 185.25.
Against the U.S. dollar and the Swiss franc, the pound edged up
to 1.2300 and 1.1067 from early lows of 1.2270 and 1.1042,
respectively.
Moving away from an early 6-day low of 0.8772 against the euro,
the pound advanced to 0.8697.
If the pound extends its uptrend, it is likely to find
resistance around 187.00 against the yen, 1.24 against the
greenback, 1.12 against the franc and 0.85 against the euro.
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