Investing.com - The British Pound was higher against the U.S. Dollar on Friday after the release of U.K. data on Halifax House Price Index.
GBP/USD was trading at 1.6186, up 0.06% at time of writing.
The pair was likely to find support at 1.6160, Thursday’s low, and resistance at 1.6302, Monday’s high.
Earlier in the day, industry data showed that The UK.’s Halifax house price index fell more-than-expected to a seasonally adjusted -2.4% last month from 2.2% in the preceding month.
Analysts had expected U.K. Halifax HPI to fall -0.5% last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8122 and GBP/JPY rising 0.03% to hit 129.77.
GBP/USD was trading at 1.6186, up 0.06% at time of writing.
The pair was likely to find support at 1.6160, Thursday’s low, and resistance at 1.6302, Monday’s high.
Earlier in the day, industry data showed that The UK.’s Halifax house price index fell more-than-expected to a seasonally adjusted -2.4% last month from 2.2% in the preceding month.
Analysts had expected U.K. Halifax HPI to fall -0.5% last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8122 and GBP/JPY rising 0.03% to hit 129.77.