Pound Rises Against Majors
August 15 2024 - 11:44PM
RTTF2
The British pound strengthened against other major currencies in
the European session on Friday.
The pound rose to more than 2-week highs of 1.2886 against the
U.S. dollar and 0.8525 against the euro, from early lows of 1.2846
and 0.8525, respectively.
Against the Swiss franc, the pound advanced to more than a
2-week high of 1.1228 from an early low of 1.1204.
The pound edged up to 192.01 against the yen, from an early low
of 191.49.
If the pound extends its uptrend, it is likely to find
resistance around 1.30 against the greenback, 0.84 against the
euro, 1.15 against the franc and 199.00 against the yen.
Euro vs Sterling (FX:EURGBP)
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