Investing.com - The British Pound was lower against the U.S. Dollar on Wednesday after the release of U.K. data on Claimant Count Change.
GBP/USD was trading at 1.5740, down 0.52% at time of writing.
The pair was likely to find support at 1.5736, today’s low, and resistance at 1.6093, Friday’s high.
Earlier in the day, official data showed that the U.K. claimant count change rose less-than-expected to a seasonally adjusted 5.3K last month from 13.4K in the preceding month whose figure was revised down from 17.5K.
Analysts had expected U.K. claimant count change to rise 21.0K last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8564 and GBP/JPY falling 0.55% to hit 121.21.
GBP/USD was trading at 1.5740, down 0.52% at time of writing.
The pair was likely to find support at 1.5736, today’s low, and resistance at 1.6093, Friday’s high.
Earlier in the day, official data showed that the U.K. claimant count change rose less-than-expected to a seasonally adjusted 5.3K last month from 13.4K in the preceding month whose figure was revised down from 17.5K.
Analysts had expected U.K. claimant count change to rise 21.0K last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.07% to hit 0.8564 and GBP/JPY falling 0.55% to hit 121.21.