Forexpros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Chicago PMI.
GBP/USD was trading at 1.5569, down 0.38% at time of writing.
The pair was likely to find support at 1.5432, Monday’s low, and resistance at 1.5716, Thursday’s high.
Earlier in the day, data showed that The U.S.’s Chicago PMI rose unexpectedly to a seasonally adjusted 60.4 last month from 56.5 in the preceding month.
Analysts had expected the Chicago PMI to fall to 56.0 last month.
Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.92% to hit 0.8620 and GBP/JPY falling 0.19% to hit 119.86.
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