THE pound stormed ahead to $1.1338 against the US dollar on Tuesday morning. It was supported by a better-than-expected UK service sector PMI and yesterday’s below-forecast US factory order figures.
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Pound US dollar exchange rate: GBP rallies as UK service sector activity beats expectation
![Pound US dollar exchange rate: GBP rallies as UK service sector activity beats expectation]()
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05 June
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