GBP/USD Little Changed, Service PMI Falls

GBP/USD is trading at 1.3338, up 0.0005. The pair is trading just under the session highs. Chatter about U.K. economic data and Bank of England (BOE) monetary policy has kept buyers and sellers active. The U.K. services PMI (purchasing managers survey) fell to 47.4 in July from 52.3 in June. Thursday morning the BOE meets and is scheduled to announce its decision on interest rates and release the bank's inflation report. A press conference held by BOE Governor Mark Carney is scheduled to follow the decision.