2017.09.2004:52:00UTC+00Pound Rises Against Majors

The British pound strengthened against other major currencies in the early European session on Wednesday.

The pound rose to 2-day highs of 1.3608 against the U.S. dollar, 1.3057 against the Swiss franc and 0.8826 against the euro, from early lows of 1.3492, 1.2974 and 0.8888, respectively.

Against the yen, the pound edged up to 151.52 from an early low of 150.49.

If the pound extends its uptrend, it is likely to find resistance around 1.37 against the greenback, 1.31 against the franc, 0.86 against the euro and 152.00 against the yen.