Investing.com - The British Pound was lower against the U.S. Dollar on Wednesday after the release of U.K. data on Claimant Count Change.
GBP/USD was trading at 1.6162, down 0.55% at time of writing.
The pair was likely to find support at 1.6107, today’s low, and resistance at 1.6309, Friday’s high.
Earlier in the day, official data showed that the U.K. claimant count change rose more-than-expected to a seasonally adjusted 12.4K last month from 6.4K in the preceding month whose figure was revised up from 0.7K.
Analysts had expected U.K. claimant count change to rise 0.5K last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.60% to hit 0.8813 and GBP/JPY falling 0.28% to hit 131.95.
GBP/USD was trading at 1.6162, down 0.55% at time of writing.
The pair was likely to find support at 1.6107, today’s low, and resistance at 1.6309, Friday’s high.
Earlier in the day, official data showed that the U.K. claimant count change rose more-than-expected to a seasonally adjusted 12.4K last month from 6.4K in the preceding month whose figure was revised up from 0.7K.
Analysts had expected U.K. claimant count change to rise 0.5K last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.60% to hit 0.8813 and GBP/JPY falling 0.28% to hit 131.95.