Pound Rises Against Majors

The British pound strengthened against the other major currencies in the Asian session on Tuesday.

The pound rose to 1.2249 against the U.S. dollar and 139.64 against the yen, from yesterday’s closing quotes of 1.2237 and 139.39, respectively.

Against the euro and the Swiss franc, the pound advanced to 0.8638 and 1.2393 from yesterday’s closing quotes of 0.8646 and 1.2386, respectively.

If the pound extends its uptrend, it is likely to find resistance around 1.24 against the greenback, 143.00 against the yen, 0.84 against the euro and 1.25 against the franc.
The material has been provided by InstaForex Company – www.instaforex.com

Source:: Pound Rises Against Majors

Won't your trader friends like this?
About the Author
InstaForex brand was created in 2007 and at the moment it’s a top choice of more than 2,000,000 traders. More than 1,000 clients open accounts with InstaForex every day. All InstaForex clients get great opportunities for effective trading on the forex market, as well as on-time technical and customer support

Leave a Reply