empty
 
 

2018.08.1403:07:00UTC+00Pound Strengthens Against Majors

The pound climbed against its key counterparts in pre-European trading on Tuesday.

The pound advanced to 1.2709 against the franc and 1.2800 against the dollar, from its previous lows of 1.2656 and 1.2753, respectively.

The U.K. currency hit a 4-day high of 142.14 against the yen, reversing from a low of 141.08 seen at 8:00 pm ET.

The pound bounced off to 0.8925 against the euro, from an early low of 0.8944.

The next possible resistance for the pound is seen around 145.00 against the yen, 0.88 against the euro and 1.30 against both the franc and the dollar.

  • Grand Choice
    Contest by
    InstaForex
    InstaForex always strives to help you
    fulfill your biggest dreams.
    JOIN CONTEST
  • Chancy Deposit
    Deposit your account with $3,000 and get $1000 more!
    In April we raffle $1000 within the Chancy Deposit campaign!
    Get a chance to win by depositing $3,000 to a trading account. Having fulfilled this condition, you become a campaign participant.
    JOIN CONTEST
  • Trade Wise, Win Device
    Top up your account with at least $500, sign up for the contest, and get a chance to win mobile devices.
    JOIN CONTEST
  • 100% Bonus
    Your unique opportunity to get a 100% bonus on your deposit
    GET BONUS
  • 55% Bonus
    Apply for a 55% bonus on your every deposit
    GET BONUS
  • 30% Bonus
    Receive a 30% bonus every time you top up your account
    GET BONUS


Can't speak right now?
Ask your question in the chat.
Widget callback