The Pound gained versus the Dollar and remained steady versus the Euro after better than expected employment data was released. Claimant Count Change came out better with only 20.8K versus 25.1K expected and 24.4K change prior. Average Earnings Index gained by 1.6% better than 1.4% forecast and Britain's Unemployment Rate came out surprisingly lower at 7.9% versus 8% forecast and 7.9% prior. Overall, GBP/USD traded with a low of 1.5901 and with a high of 1.6024. No major economic data expected today.

GBP/USD - Last: 1.6060 

Resistance

1.612

1.62

Support

1.5915

1.5875

1.5825

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