Investing.com – Sterling slipped vs. dollar Wednesday after in-line U.K. service sector activity.
The pound hit intraday low of $1.3287 as Markit’s July services PMI stayed at 47.4.
A reading above 50 indicates expansion, one below contraction.
GBP/USD was down 0.04% at $1.3350 at 05:15 ET.
BoE seen cutting bank rate by 25 basis points at Thursday’s policy meeting