The pound strengthened further against the other major currencies ahead of European deals on Friday.
The pound climbed to a 2-day high of 1.5667 against the greenback, 4-month high of 1.4993 against the franc and a 7-1/2-year high of 0.6946 against the euro, compared to Thursday’s closing values of 1.5603, 1.4937 and 0.6960, respectively.
The pound advanced to 194.34 against the yen, its strongest since June 26.
The next possible resistance for the pound may be located around 1.575 against the greenback, 1.50 against the franc, 1.57 against the euro and 196.00 against the yen.
The material has been provided by InstaForex Company – www.instaforex.com