Pound Rises Against Most Majors
LONDON (dpa-AFX) - The British pound strengthened against most major currencies in the European session on Wednesday.
The pound rose to an 8-day high of 1.2329 against the U.S. dollar, from an early low of 1.2257.
Against the yen and the Swiss franc, the pound edged up to 127.56 and 1.2186 from early lows of 126.97 and 1.2132, respectively.
If the pound extends its uptrend, it is likely to find resistance around 1.28 against the greenback, 132.00 against the yen and 1.25 against the franc.
Copyright RTT News/dpa-AFX