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 1.6124, up 0.60% at time of writing.
The pair was likely to find support at 1.5938, Monday’s low, and resistance at 1.6151, Thursday’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 216.00K last month, from 194.00K in the preceding month whose figure was revised up from 192.00K.
Analysts had expected U.S. non-farm payrolls to rise 188.00K last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.23% to hit 0.8812 and GBP/JPY rising 1.80% to hit 135.64.
GBP/USD was trading at 1.6124, up 0.60% at time of writing.
The pair was likely to find support at 1.5938, Monday’s low, and resistance at 1.6151, Thursday’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 216.00K last month, from 194.00K in the preceding month whose figure was revised up from 192.00K.
Analysts had expected U.S. non-farm payrolls to rise 188.00K last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.23% to hit 0.8812 and GBP/JPY rising 1.80% to hit 135.64.