Pound Advances Against Majors

The pound climbed against its major opponents in early European deals on Friday.

The pound that closed Thursday’s trading at 148.86 against the yen climbed to 149.03.

The pound hit 11-day high of 1.3312 against the dollar, 10-day high of 1.2981 against the franc and an 8-day high of 0.8881 against the euro, from yesterday’s closing values of 1.3259, 1.2934 and 0.8915, respectively.

The next possible resistance for the pound is seen around 150.00 against the yen, 1.34 against the greenback, 1.315 against the franc and 0.87 against the euro.

The material has been provided by InstaForex Company – www.instaforex.com

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