The British Pound was higher against the U.S. Dollar on Thursday after the release of U.K. data on Nationwide HPI.
GBP/USD was trading at 1.5820, up 0.32% at time of writing.
The pair was likely to find support at 1.5664, Monday’s low, and resistance at 1.5896, Tuesday’s high.
Earlier in the day, data showed that The U.K.’s Nationwide house price index fell more-than-expected to a seasonally adjusted -0.70% last month from 0.00% in the preceding month whose figure was revised down from 0.10%.
Analysts had expected the Nationwide HPI to fall -0.30% last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8748 and GBP/JPY falling 0.03% to hit 128.90.
GBP/USD was trading at 1.5820, up 0.32% at time of writing.
The pair was likely to find support at 1.5664, Monday’s low, and resistance at 1.5896, Tuesday’s high.
Earlier in the day, data showed that The U.K.’s Nationwide house price index fell more-than-expected to a seasonally adjusted -0.70% last month from 0.00% in the preceding month whose figure was revised down from 0.10%.
Analysts had expected the Nationwide HPI to fall -0.30% last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.18% to hit 0.8748 and GBP/JPY falling 0.03% to hit 128.90.