Pound Rises Against Majors
28 September 2016 - 5:16AM
RTTF2
The British pound strengthened against the other major
currencies in the early European session on Wednesday.
The pound rose to 5-day highs 1.3030 against the U.S. dollar,
1.2673 against the Swiss franc and 0.8589 against the euro, from
early lows of 1.2991, 1.2621 and 0.8625, respectively.
Against the yen, the pound advanced to 131.07 from an early low
of 130.48.
If the pound extends its uptrend, it is likely to find
resistance around 1.32 against the greenback, 1.28 against the
franc, 0.84 against the euro and 133.00 against the yen.
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