Investing.com - The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Unemployment Rate.
GBP/USD was trading at 1.5590, down 0.64% at time of writing.
The pair was likely to find support at 1.5459, Monday’s low, and resistance at 1.5780, Wednesday’s high.
Earlier in the day, official data showed that the U.S. unemployment rate fell unexpectedly to a seasonally adjusted 8.6% last month, from 9.0% in the preceding month.
Analysts had expected the U.S. unemployment rate to remain unchanged at 9.0% last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8580 and GBP/JPY falling 0.41% to hit 121.41.
GBP/USD was trading at 1.5590, down 0.64% at time of writing.
The pair was likely to find support at 1.5459, Monday’s low, and resistance at 1.5780, Wednesday’s high.
Earlier in the day, official data showed that the U.S. unemployment rate fell unexpectedly to a seasonally adjusted 8.6% last month, from 9.0% in the preceding month.
Analysts had expected the U.S. unemployment rate to remain unchanged at 9.0% last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.01% to hit 0.8580 and GBP/JPY falling 0.41% to hit 121.41.