Investing.com - The British Pound was lower against the U.S. Dollar on Friday after the release of U.K. data on Nationwide Consumer Confidence.
GBP/USD was trading at 1.5820, down 0.01% at time of writing.
The pair was likely to find support at 1.5771, Thursday’s low, and resistance at 1.5923, Wednesday’s high.
Earlier in the day, industry data showed that The U.K.’s Nationwide consumer confidence index fell unexpectedly to a seasonally adjusted 44 last month from 47 in the preceding month.
Analysts had expected Nationwide consumer confidence to rise to 49 last month.
Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8346 and GBP/JPY rising 0.09% to hit 130.70.
GBP/USD was trading at 1.5820, down 0.01% at time of writing.
The pair was likely to find support at 1.5771, Thursday’s low, and resistance at 1.5923, Wednesday’s high.
Earlier in the day, industry data showed that The U.K.’s Nationwide consumer confidence index fell unexpectedly to a seasonally adjusted 44 last month from 47 in the preceding month.
Analysts had expected Nationwide consumer confidence to rise to 49 last month.
Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.8346 and GBP/JPY rising 0.09% to hit 130.70.