Today's Live Coverage of the British Pound Sterling - The Only Service of Its Kind in The Currency Information Industry.

Pound Euro Rate @ 22 Month High, But Pound Dollar Exchange Rate Falls from Highs

  • Written by Will Peters

pound sterling live construction

The high-flying British pound (GBP) slipped from this week's six-year high against the US dollar after data overnight showed that Britain’s dominant services sector grew at a slower pace than expected in June.

The drop in the services PMI to 57.7 from 58.3 in May was lower than the forecast for 58.3 but nevertheless kept the sector’s performance solidly in expansion territory and thus we see sterling remaining supported.

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