The British pound strengthened against most major currencies in the early European session on Friday.

The pound rose to more than a 5-week high of 1.5134 against the U.S. dollar, from an early low of 1.5026.

Against the yen and the Swiss franc, the pound edged up to 180.42 and 1.4429 from early lows of 179.64 and 1.4359, respectively.

If the pound extends its uptrend, it is likely to find resistance around 1.55 against the greenback, 183.00 against the yen and 1.48 against the franc.

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