EN:British Pound Sterling: Currency expected to maintain positive momentum vs USD
The pound dollar exchange rate is 0.201% lower with 1 GBP = 1.1479 EUR.
The pound euro exchange rate is 0.289% higher with 1 GBP = 1.5980 USD.
The pound Australian dollar exchange rate is 1.167% lower with 1 GBP = 1.5258 AUD.
In a morning exchange rate note UBS analysts note that the momentum is positive for the British pound vs the US dollar; initial resistance is seen at 1.6083, a break through this level would open 1.6203. Near-term support lies at 1.5754.
