Investing.com - The British Pound was higher against the U.S. Dollar on Friday after the release of U.K. data on Manufacturing PMI.
GBP/USD was trading at 1.6080, up 0.17% at time of writing.
The pair was likely to find support at 1.5913, Tuesday’s low, and resistance at 1.6118, Thursday’s high.
Earlier in the day, data showed that The U.K.’s manufacturing PMI fell unexpectedly to 51.3 last month from 52.0 in the preceding month whose figure was revised down from 52.1.
Analysts had expected the manufacturing PMI to rise to 52.3 last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.07% to hit 0.9028 and GBP/JPY rising 0.48% to hit 129.95.
GBP/USD was trading at 1.6080, up 0.17% at time of writing.
The pair was likely to find support at 1.5913, Tuesday’s low, and resistance at 1.6118, Thursday’s high.
Earlier in the day, data showed that The U.K.’s manufacturing PMI fell unexpectedly to 51.3 last month from 52.0 in the preceding month whose figure was revised down from 52.1.
Analysts had expected the manufacturing PMI to rise to 52.3 last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 0.07% to hit 0.9028 and GBP/JPY rising 0.48% to hit 129.95.