Investing.com - The British Pound was higher against the U.S. Dollar on Wednesday after the release of U.K. data on Claimant Count Change.
GBP/USD was trading at 1.5898, up 0.08% at time of writing.
The pair was likely to find support at 1.5840, Tuesday’s low, and resistance at 1.6184, Friday’s high.
Earlier in the day, official data showed that the U.K. claimant count change fell unexpectedly to a seasonally adjusted -3.70K last month from 1.30K in the preceding month whose figure was revised down from 5.30K.
Analysts had expected U.K. claimant count change to rise 6.00K last month.
Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.13% to hit 0.8503 and GBP/JPY rising 0.05% to hit 132.37.
GBP/USD was trading at 1.5898, up 0.08% at time of writing.
The pair was likely to find support at 1.5840, Tuesday’s low, and resistance at 1.6184, Friday’s high.
Earlier in the day, official data showed that the U.K. claimant count change fell unexpectedly to a seasonally adjusted -3.70K last month from 1.30K in the preceding month whose figure was revised down from 5.30K.
Analysts had expected U.K. claimant count change to rise 6.00K last month.
Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.13% to hit 0.8503 and GBP/JPY rising 0.05% to hit 132.37.