Forex - GBP/USD up during the U.S. session

Forex Pros – pros - The British Pound was higher against the U.S. Dollar on Friday after the release of U.S. data on ISM Manufacturing Index.

GBP/USD was trading at 1.6074, up 0.13% at time of writing.

The pair was likely to find support at 1.5913, Tuesday’s low, and resistance at 1.6118, Thursday’s high.

Earlier in the day, industry data showed that The U.S. ISM manufacturing PMI rose unexpectedly to 55.3 last month from 53.5 in the preceding month.

Analysts had expected the ISM manufacturing PMI to fall to 51.5 last month.

Meanwhile, the British Pound was down against the Euro and up against the Japanese Yen, with EUR/GBP gaining 0.02% to hit 0.9036 and GBP/JPY rising 0.46% to hit 129.92.

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