Forexpros – 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 1.5983, down 0.36% at time of writing.
The pair was likely to find support at 1.5877, Thursday’s low, and resistance at 1.6166, Monday’s high.
Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 80K last month, from 158K in the preceding month whose figure was revised up from 103K.
Analysts had expected U.S. non-farm payrolls to rise 95K last month.
Meanwhile, the British Pound was up against the Euro and down against the Japanese Yen, with EUR/GBP shedding 0.10% to hit 0.8610 and GBP/JPY falling 0.28% to hit 124.88.
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