Investing.com - The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.
GBP/USD was trading at 1.5771, up 1.09% at time of writing.
The pair was likely to find support at 1.5486, Tuesday’s low, and resistance at 1.5788, today’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 39.00K last month, from 172.00K in the preceding month whose figure was revised up from 151.00K.
Analysts had expected U.S. non-farm payrolls to rise 140.00K last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.45% to hit 0.8506 and GBP/JPY falling 0.45% to hit 130.18.
GBP/USD was trading at 1.5771, up 1.09% at time of writing.
The pair was likely to find support at 1.5486, Tuesday’s low, and resistance at 1.5788, today’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 39.00K last month, from 172.00K in the preceding month whose figure was revised up from 151.00K.
Analysts had expected U.S. non-farm payrolls to rise 140.00K last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.45% to hit 0.8506 and GBP/JPY falling 0.45% to hit 130.18.