Forex - GBP/USD up at the end of U.S. session

Forex Pros – 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 1.6426, up 0.33% at time of writing.

The pair was likely to find support at 1.6287, today’s low, and resistance at 1.6547, Tuesday’s high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose less-than-expected to a seasonally adjusted 54K last month, from 232K in the preceding month whose figure was revised down from 244K.

Analysts had expected U.S. non-farm payrolls to rise 169K last month.

Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.65% to hit 0.8910 and GBP/JPY falling 0.44% to hit 131.85.

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