The British Pound strengthened to around 1.3350 against the US Dollar in early Asian trading on Friday, driven by a softer-than-expected US Nonfarm Payrolls report, according to FX Street.
FX Street reported that the US Dollar weakened against the British Pound following the disappointing US jobs data, which raised concerns over the strength of the US labor market. Meanwhile, US markets remained closed on Friday in observance of Independence Day.
For Japanese investors, the Pound's gain against the Dollar may influence FX positioning as risk sentiment adjusts to the US economic data ahead of the upcoming trading week.