Investing.com - The British Pound was higher against the U.S. Dollar on Thursday after the release of U.S. data on Chicago PMI.
GBP/USD was trading at 1.6066, up 0.02% at time of writing.
The pair was likely to find support at 1.5913, Tuesday’s low, and resistance at 1.6118, today’s high.
Earlier in the day, data showed that The U.S.’s Chicago PMI rose unexpectedly to a seasonally adjusted 61.1 last month from 56.6 in the preceding month.
Analysts had expected the Chicago PMI to fall to 54.0 last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.51% to hit 0.9034 and GBP/JPY falling 0.25% to hit 129.43.
GBP/USD was trading at 1.6066, up 0.02% at time of writing.
The pair was likely to find support at 1.5913, Tuesday’s low, and resistance at 1.6118, today’s high.
Earlier in the day, data showed that The U.S.’s Chicago PMI rose unexpectedly to a seasonally adjusted 61.1 last month from 56.6 in the preceding month.
Analysts had expected the Chicago PMI to fall to 54.0 last month.
Meanwhile, the British Pound was down against the Euro and the Japanese Yen, with EUR/GBP gaining 0.51% to hit 0.9034 and GBP/JPY falling 0.25% to hit 129.43.