The British pound strengthened against the other major currencies in the early European session on Thursday.
The pound rose to nearly an 8-year high of 0.6983 against the euro and a 4-month high of 1.4935 against the Swiss franc, from early lows of 0.7009 and 1.4872, respectively.
Against the U.S. dollar, the pound climbed to 1.5648 from an early low of 1.5607.
Moving away from an early low of 193.31 against the yen, the pound edged up to 193.82. This may be compared to an early 3-week high of 193.84.
If the pound extends its uptrend, it is likely to find resistance around 0.67 against the euro, 1.52 against the franc, 1.60 against the greenback and 196.00 against the yen.
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