The British pound strengthened against other major currencies in the European session on Monday.
The pound rose to nearly a 2-week high of 1.0703 against the Swiss franc and a 5-day high of 214.23 against the yen, from early lows of 1.0663 and 213.21, respectively.
Against the euro and the U.S. dollar, the pound advanced to 4-day highs of 0.8651 and 1.3248 from early lows of 0.8680 and 1.3184, respectively.
If the pound extends its uptrend, it is likely to find resistance around 1.08 against the franc, 216.00 against the yen, 0.85 against the euro and 1.34 against the greenback.
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Forex News
June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.