UK services PMI for August has come in at 54.1, up from 53.2 in July and fractionally better than the median forecast of 54.0. It’s the highest read since September 2007.
Business expectations index has come in at 72.3 in August from 69.3 in July, highest read August 2007.
Cable rallied in the wake of the numbers, but has run into sell interest just shy of 1.6350 resistance.
