Published On: Tue, Nov 6th, 2018

GBP/USD exchange: Rate rises despite services PMI slump

The pound is trading near to a two-week high against the US dollar today, which puts the GBP/USD exchange rate at around $ 1.298. This appreciation comes at the start of a week of potential turbulence for the currency pairing, with the latest UK news revealing a slowdown in services sector activity.
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