Investing.com - The British Pound was lower against the U.S. Dollar on Monday after the release of U.S. data on ISM Manufacturing Index.
GBP/USD was trading at 1.5465, down 0.77% at time of writing.
The pair was likely to find support at 1.5444, today’s low, and resistance at 1.5716, Thursday’s high.
Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose unexpectedly to 51.6 last month from 50.6 in the preceding month.
Analysts had expected the ISM manufacturing PMI to fall to 50.5 last month.
Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.53% to hit 0.8544 and GBP/JPY falling 1.35% to hit 118.45.
GBP/USD was trading at 1.5465, down 0.77% at time of writing.
The pair was likely to find support at 1.5444, today’s low, and resistance at 1.5716, Thursday’s high.
Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose unexpectedly to 51.6 last month from 50.6 in the preceding month.
Analysts had expected the ISM manufacturing PMI to fall to 50.5 last month.
Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.53% to hit 0.8544 and GBP/JPY falling 1.35% to hit 118.45.