Forex - GBP/USD slips lower after U.K. data
GBP/USD hit 1.5234 during European morning trade, the session low; the pair subsequently consolidated at 1.5237, slipping 0.14%.
Cable was likely to find support at 1.5196, the low of June 3 and resistance at 1.5347, Thursday's high.
The U.K. Gfk consumer confidence index improved to minus 21 in June, from a reading of minus 22 the previous month, in line with expectations.
A separate report showed that house price inflation rose 0.3% this month, as expected, after a 0.4% rise in May.
The data came a day after the Office of National Statistics said U.K. gross domestic product expanded at an annual rate of 0.3% in the three months to March, down from a preliminary estimate of 0.6% growth.
Meanwhile, the release of mixed U.S. data on Thursday added to uncertainty over the future of the Fed's bond-buying program.
The Department of Labor said the number of people who filed for unemployment assistance in the U.S. last week fell by 9,000 to a seasonally adjusted 346,000, compared to expectations for a drop of 10,000 to 345,000.
A separate report showed that U.S. personal spending was up 0.3% in May, in line with expectations.
Sterling was lower against the euro with EUR/GBP adding 0.27%, to hit 0.8567.
Later in the day, the U.S. was to release a report on manufacturing activity in Chicago and revised data from the University of Michigan on consumer sentiment.
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