Investing.com - The British Pound was lower against the U.S. Dollar on Thursday after the release of U.S. data on Initial Jobless Claims.
GBP/USD was trading at 1.5596, down 0.16% at time of writing.
The pair was likely to find support at 1.5486, Tuesday’s low, and resistance at 1.5667, today’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 436.00K last week from 410.00K in the preceding week whose figure was revised up from 407.00K.
Analysts had expected Initial Jobless Claims to rise to 423.00K last week.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.81% to hit 0.8478 and GBP/JPY falling 0.54% to hit 130.81.
GBP/USD was trading at 1.5596, down 0.16% at time of writing.
The pair was likely to find support at 1.5486, Tuesday’s low, and resistance at 1.5667, today’s high.
Earlier in the day, official data showed that U.S. Initial Jobless Claims rose more-than-expected to a seasonally adjusted 436.00K last week from 410.00K in the preceding week whose figure was revised up from 407.00K.
Analysts had expected Initial Jobless Claims to rise to 423.00K last week.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.81% to hit 0.8478 and GBP/JPY falling 0.54% to hit 130.81.