Investing.com - The British Pound was higher against the U.S. Dollar on Tuesday after the release of U.K. data on Nationwide Consumer Confidence.
GBP/USD was trading at 1.6380, up 0.06% at time of writing.
The pair was likely to find support at 1.6216, Friday’s low, and resistance at 1.6466, Thursday’s high.
Earlier in the day, industry data showed that The U.K.’s Nationwide consumer confidence index rose unexpectedly to a seasonally adjusted 55 last month from 44 in the preceding month whose figure was revised up from 43.
Analysts had expected Nationwide consumer confidence to fall to 41 last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8815 and GBP/JPY rising 0.14% to hit 131.95.
GBP/USD was trading at 1.6380, up 0.06% at time of writing.
The pair was likely to find support at 1.6216, Friday’s low, and resistance at 1.6466, Thursday’s high.
Earlier in the day, industry data showed that The U.K.’s Nationwide consumer confidence index rose unexpectedly to a seasonally adjusted 55 last month from 44 in the preceding month whose figure was revised up from 43.
Analysts had expected Nationwide consumer confidence to fall to 41 last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.08% to hit 0.8815 and GBP/JPY rising 0.14% to hit 131.95.