GBP/USD Higher UK Services PMI Improves

GBP/USD is trading at 1.2350, up 0.0048. The pair is trading just under the session highs. Market chatter about U.K. economic data and the Bank of England monetary policy has kept buyers and sellers active. The U.K. services PMI (purchasing managers survey) for October rose to 54.5 versus 52.6 in September.