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

Forex News - 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 1.5558, up 0.73% at time of writing.

The pair was likely to find support at 1.5272, Thursday’s low, and resistance at 1.5646, today’s high.

Earlier in the day, official data showed that U.S. non-farm payrolls rose more-than-expected to a seasonally adjusted 103K last month, from 57K in the preceding month whose figure was revised up from 0K.

Analysts had expected U.S. non-farm payrolls to rise 53K last month.

Meanwhile, the British Pound was up against the Euro and the Japanese Yen, with EUR/GBP shedding 1.17% to hit 0.8598 and GBP/JPY rising 0.78% to hit 119.42.