Pound Advances Against Majors
February 07 2016 - 4:24PM
RTTF2
The British pound strengthened against the other major
currencies in the Asian session on Monday.
The pound rose to 1.4516 against the U.S. dollar and 170.19
against the yen, from last week's closing quotes of 1.4498 and
169.35, respectively.
Against the euro and the Swiss franc, the pound edged up to
0.7673 and 1.4420 from Friday's closing values of 0.7688 and
1.4360, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 1.49 against the greenback, 177.00 against the
yen, 0.75 against the euro and 1.49 against the franc.
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