Investing.com - The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.
GBP/USD was trading at 1.6222, down 0.29% at time of writing.
The pair was likely to find support at 1.5963, Tuesday’s low, and resistance at 1.6299, Thursday’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 151.00K last month, from -41.00K in the preceding month whose figure was revised up from -95.00K.
Analysts had expected U.S. non-farm payrolls to rise 60.00K last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.56% to hit 0.8684 and GBP/JPY rising 0.32% to hit 131.78.
GBP/USD was trading at 1.6222, down 0.29% at time of writing.
The pair was likely to find support at 1.5963, Tuesday’s low, and resistance at 1.6299, Thursday’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 151.00K last month, from -41.00K in the preceding month whose figure was revised up from -95.00K.
Analysts had expected U.S. non-farm payrolls to rise 60.00K last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.56% to hit 0.8684 and GBP/JPY rising 0.32% to hit 131.78.