Sterling dips below $1.53 amid weak construction and manufacturing data

Source: WBP Online
© ScanPix/AFP
The Sterling dipped below the $1.53 mark as weaker than expected UK's fundamentals were released this week. The Cable retreated 0.19% to $1.5262 by 8:05 AM GMT on Thursday, falling from its daily high of $1.5312. Moreover, great focus this session is on the UK's PMI for services, the main driver of the UK's economy, which is predicted to be 57.7, higher than 57.4 in the previous month.
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