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 1.6198, down 1.05% at time of writing.
The pair was likely to find support at 1.6192, today’s low, and resistance at 1.6442, Tuesday’s high.
Earlier in the day, official data showed that the U.K. claimant count change rose more-than-expected to a seasonally adjusted 19.6K last month from 16.9K in the preceding month whose figure was revised up from 12.4K.
Analysts had expected U.K. claimant count change to rise 6.5K last month.
Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.60% to hit 0.8770 and GBP/JPY falling 0.67% to hit 130.89.
GBP/USD was trading at 1.6198, down 1.05% at time of writing.
The pair was likely to find support at 1.6192, today’s low, and resistance at 1.6442, Tuesday’s high.
Earlier in the day, official data showed that the U.K. claimant count change rose more-than-expected to a seasonally adjusted 19.6K last month from 16.9K in the preceding month whose figure was revised up from 12.4K.
Analysts had expected U.K. claimant count change to rise 6.5K last month.
Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.60% to hit 0.8770 and GBP/JPY falling 0.67% to hit 130.89.