The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.S. data on Existing Home Sales.
GBP/USD was trading at 1.5745, up 0.15% at time of writing.
The pair was likely to find support at 1.5656, Friday’s low, and resistance at 1.5850, Thursday’s high.
Earlier in the day, industry data showed that existing home sales rose more-than-expected to a seasonally adjusted annual rate of 4.53M last month from 4.12M in the preceding month whose figure was revised down from 4.13M.
Analysts had expected existing home sales to rise to 4.25M last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.17% to hit 0.8867 and GBP/JPY rising 0.06% to hit 127.13.
GBP/USD was trading at 1.5745, up 0.15% at time of writing.
The pair was likely to find support at 1.5656, Friday’s low, and resistance at 1.5850, Thursday’s high.
Earlier in the day, industry data showed that existing home sales rose more-than-expected to a seasonally adjusted annual rate of 4.53M last month from 4.12M in the preceding month whose figure was revised down from 4.13M.
Analysts had expected existing home sales to rise to 4.25M last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.17% to hit 0.8867 and GBP/JPY rising 0.06% to hit 127.13.