Forex Pros – The British Pound was lower against the U.S. Dollar on Friday after the release of U.S. data on Nonfarm Payrolls.
GBP/USD was trading at 1.6102, down 0.21% at time of writing.
The pair was likely to find support at 1.5822, Monday’s low, and resistance at 1.6278, Thursday’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 36.00K last month, from 121.00K in the preceding month whose figure was revised up from 103.00K.
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 0.14% to hit 0.8438 and GBP/JPY rising 0.52% to hit 132.43.
ForexPros.com
