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

The pound hit a 3-day high of 1.4394 against the franc and a 4-day high of 0.7265 versus the euro, compared to yesterday’s closing values of 1.4294 and 0.7326, respectively.

The pound bounced to 177.65 against the yen and 1.4884 against the greenback, off an early low of 176.69 and a weekly low of 1.4796, respectively.

The pound is likely to challenge resistance around 180.00 against the yen, 1.50 against the greenback, 1.45 against the franc and 0.72 against the euro.

The material has been provided by InstaForex Company –