USD/JPY down toward the end of European session

he U.S. Dollar was lower against the Japanese Yen on Friday after the release of U.S. data on GDP.

USD/JPY was trading at 76.61, down 1.11% at time of writing.

The pair was likely to find support at 76.47, Tuesday’s low, and resistance at 77.70, Thursday’s high.

Earlier in the day, preliminary official data showed that Gross domestic product in the U.S. rose less-than-expected to a seasonally adjusted annual rate of 1.0% in the last quarter from 1.3% in the preceding quarter.

Analysts had expected U.S. gross domestic product to rise 1.1% in the last quarter.

Meanwhile, the U.S. Dollar was down against the Euro and the British Pound, with EUR/USD gaining 0.38% to hit 1.4433 and GBP/USD rising 0.07% to hit 1.6291.