GBP/USD Higher, U.K. Service PMI Improves

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GBP/USD is trading at 1.3330, up 0.0041.

The pair is trading rangebound. Market chatter about global money flows and comments from policy makers has kept buyers and sellers active. The U.K. services PMI (purchasing managers survey) for August rose to 52.9 from 47.4 in July.