The British pound strengthened against other major currencies in the European session on Monday.

The pound rose to 0.8567 against the euro and 1.2635 against the U.S. dollar, from early lows of 0.8586 and 1.2591, respectively.

Against the yen and the Swiss franc, the pound edged up to 191.21 and 1.1347 from early lows of 190.45 and 1.1309, respectively.

If the pound extends its uptrend, it is likely to find resistance around 0.84 against the euro, 1.29 against the greenback, 194.00 against the yen and 1.15 against the franc.

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