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Forex News: Pound Strengthens Against Majors

Pound Strengthens Against Majors

06/24/2024 - 13:55:00 (RTTNews)

(RTTNews) - The pound edged higher against its major counterparts in the New York session on Monday.

The pound advanced to a 4-day high of 1.2697 against the greenback, 10-day high of 1.1343 against the franc and near a 16-year high of 202.70 against the yen, off its early lows of 1.2630, 1.1288 and 201.13, respectively.

The pound recovered to 0.8452 against the euro, from an early 2-week low of 0.8477.

The pound is seen finding resistance around 1.29 against the greenback, 1.15 against the franc, 204.00 against the yen and 0.83 against the euro.

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