Pound Strengthens Against Majors
December 07 2017 - 10:28PM
RTTF2
The pound climbed against its major opponents in early European
deals on Friday.
The pound advanced to a 1-1/2-year high of 153.41 against the
yen and a 6-month high of 0.8690 against the euro, from its early
lows of 152.32 and 0.8745, respectively.
The pound rose back to 1.3518 against the greenback, heading to
pierce its early 4-day high of 1.3520.
The pound hovered around a 1-1/2-year high of 1.3469 against the
franc, compared to Thursday's closing value of 1.3395.
If the pound rises further, it may challenge resistance around
156.00 against the yen, 1.36 against the franc, 0.84 against the
euro and 1.365 against the greenback.
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