The UK's sterling gained ground against most of its major opponents on Thursday morning in Asia. The pound rose to a multi-week high of 0.9147 against the euro, 8-day high of 1.6605 against the Swiss franc and a 6-day high of 1.4485 versus the greenback before leveling off in the session and the next upside target levels for the pound are seen at 0.899, 1.666 and 1.46, respectively.
Traders kept an eye on London throughout the session, waiting for news from the G20 summit of global leaders. The leaders will discuss efforts to deal with the weakness in the global economy.
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