News Column

Pound Recovers Against Most Majors

July 17, 2014



BRUSSELS (Alliance News) - The pound came off from early lows against most major currencies ahead of European deals on Friday.

The pound rose back to 0.7903 against the euro, 1.5356 against the franc and 1.7106 against the greenback, off early 2-day low 0.7914, 3-day lows of 1.5334 and 1.7082, respectively.

On the upside, the pound may seek resistance around 1.725 against the greenback, 1.55 against the franc and 0.78 against the euro.



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Source: Alliance News


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