Pound Rises Against Majors
18 Ottobre 2024 - 7:04AM
RTTF2
The British pound strengthened against other major currencies in
the European session on Friday.
The pound rose to a 2-1/2-year high of 0.8295 against the euro
and nearly a 3-month high of 196.06 against the yen, from early
lows of 0.8328 and 195.04, respectively.
Against the Swiss franc and the U.S. dollar, the pound advanced
to nearly a 3-week high of 1.1320 and a 2-day high of 1.3072 from
early lows of 1.1269 and 1.3011, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 0.81 against the euro, 200.00 against the yen,
1.15 against the franc and 1.35 against the greenback.
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