The pound gained ground against its major counterparts in early European deals on Friday.

The pound rose to 4-day highs of 1.3059 against the dollar and 148.76 against the yen, reversing from its early lows of 1.3003 and 148.08, respectively.

The pound appreciated to 0.8814 against the euro, its strongest since July 9. This follows a low of 0.8847 touched at 12:45 am ET.

The U.K. currency advanced to more than a 2-month high of 1.2970 against the franc, from a low of 1.2898 seen at 5:00 pm ET.

The next possible resistance for the pound is seen around 150.00 against the dollar, 0.87 against the euro and 1.32 against both the yen and the franc.

Grafico Cross Sterling vs Yen (FX:GBPJPY)

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Grafico Cross Sterling vs Yen (FX:GBPJPY)

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