The pound continued to be firmer against the U.S. dollar in New York deals on Wednesday.

The pound spiked up to near a 3-week high of 1.5540 against the greenback, up from an early low of 1.5368. The pound-greenback pair is likely to find resistance around the 1.56 mark. The pair was valued at 1.5383 at yesterday’s close.

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