Pound higher despite weak PMI data – MarketPulse
The British pound is steady on Friday. In the European session, GBP/USD is trading at 1.2986, up 0.07% on the day. UK PMIs decelerate in October UK PMI releases on Thursday pointed to weaker activity in October in the manufacturing and services sectors. The Services PMI dropped to 51.8, down from 52.4 in September and…