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Forex News: Pound Rises Against Most Majors

Pound Rises Against Most Majors

12/11/2024 - 00:19:00 (RTTNews)

(RTTNews) - The British pound strengthened against most major currencies in the Asian session on Wednesday.

The pound rose to nearly a 1-month high of 1.1286 against the Swiss franc and a 2-day high of 1.2782 against the U.S. dollar, from Tuesday's closing quotes of 1.1268 and 1.2768, respectively.

Against the euro, the pound edged up to 0.8240 from a recent low of 0.8246.

If the pound extends its uptrend, it is likely to find resistance around 1.13 against the franc, 1.30 against the greenback and 0.81 against the euro.

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