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 1.5558, up 0.54% at time of writing.
The pair was likely to find support at 1.5407, today’s low, and resistance at 1.5646, Tuesday’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 103.00K last month, from 71.00K in the preceding month whose figure was revised up from 39.00K.
Analysts had expected U.S. non-farm payrolls to rise 150.00K last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 1.15% to hit 0.8307 and GBP/JPY rising 0.17% to hit 129.17.
GBP/USD was trading at 1.5558, up 0.54% at time of writing.
The pair was likely to find support at 1.5407, today’s low, and resistance at 1.5646, Tuesday’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 103.00K last month, from 71.00K in the preceding month whose figure was revised up from 39.00K.
Analysts had expected U.S. non-farm payrolls to rise 150.00K last month.
Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 1.15% to hit 0.8307 and GBP/JPY rising 0.17% to hit 129.17.