Reversing direction, the pound climbed against most major currencies in early European deals on Wednesday.

The pound hit 2-day highs of 1.5151 against the franc and 0.7925 against the euro, off early lows of 1.5095 and 0.7953,respectively.

The pound edged up to 184.68 against the yen, after having fallen to 183.11 around 5:35 pm ET.

The pound is likely to face resistance around 1.53 against the franc, 190.00 against the yen and 0.78 against the euro.

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