Pound Rises Against Majors
22 Mai 2024 - 5:04AM
RTTF2
The British pound strengthened against other major currencies in
the pre-European session on Wednesday.
The pound rose to nearly a 1-1/2-month high of 0.8512 against
the euro and nearly a 2-year high of 1.1645 against the Swiss
franc, from yesterday's closing quotes of 0.8543 and 1.1582,
respectively.
Against the U.S. dollar and the yen, the pound advanced to a
2-month high of 1.2763 and nearly a 4-week high of 199.55 from
Tuesday's closing quotes of 1.2708 and 198.54, respectively.
If the pound extends its uptrend, it is likely to find
resistance around 0.83 against the euro, 1.17 against the franc,
1.29 against the greenback and 201.00 against the yen.
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