Investing.com - The pound slipped lower against the U.S. dollar in quiet trade on Tuesday, as the greenback continued to recover from a recent batch of downbeat U.S. data.
GBP/USD hit 1.4856 during European morning trade, the pair's lowest since April 16; the pair subsequently consolidated at 1.4858, shedding 0.33%.
Cable was likely to find support at 1.4699, the low of April 15 and resistance at 1.4986, Monday's high.
The greenback regained ground after a recent string of soft economic data dampened optimism on the U.S. recovery, adding to uncertainty over the timing of a rate hike.
The pound showed little reaction to data last Friday showing that the U.K. claimant count dropped 20,700 last month, compared to expectations for a 29,500 decline.
A separate report showed that the U.K. unemployment rate ticked down to 5.6% in February from 5.7% the previous month, in line with expectations.
Sentiment on the pound was also vulnerable amid uncertainty over the outcome of parliamentary elections due to take place on May 7.
Sterling was higher against the euro, with EUR/GBP edging down 0.19% to 0.7189.