GBP/USD pair fell, despite positive UK data

On Friday, the pound fell against the dollar, despite positive UK data, as yesterday's US economic reports continue to provide support to the US currency.
During European morning trade, the pair GBP/USD reached 1.3112, the session low and subsequently consolidated at 1.3115, down by 0.43%.
The pair was likely to find support at 1.2976, Wednesday's low and resistance at 1.3449, the high of August 4.
The Office for National Statistics said, that UK net borrowings in public sector declined in July by £1.47 billion, compared with expectations for falling to £ 1.20 billion pounds.
In June, an increase of £7,510 billion being revised to £7.31 billion.
The dollar strengthened, after data on Thursday showed, that the number of initial applications for unemployment benefits for the week, ending August 13, fell by 4000 up to 262000. Economists had expected a decline by 1000.
In addition, the Federal Reserve Bank of Philadelphia said that their index of manufacturing activity rose this month to 2.0 from -2.9 in July, similar to the consensus forecast.
Sentiments on the dollar remain under pressure after the minutes of the July's FED meeting for monetary policy, released on Wednesday, showed that the officials, responsible for the policies of the central bank still disagree on the need to raise rates this year.
Nevertheless, the president of the Federal Reserve Bank of San Francisco John Williams on Thursday expressed support for the increase in US interest rates in the coming months, saying that if it's too long to wait, it could cost the economy dearly.