UK Final Services PMI revised sharply higher to 59.1 in October, GBP/USD tests highs

• UK Final Services PMI upwardly revised to 59.1 in October.
• GBP/USD holds higher ground above 1.3600 on the UK data.
• Eyes on US ADP, ISM Services PMI ahead of the critical Fed decision.

The UK services sector activity expanded more than expected in October, the final report from IHS Markit confirmed this Wednesday. 

The seasonally adjusted IHS Markit/CIPS UK Services Purchasing Managers’ Index (PMI) was revised sharply higher to 59.1 in October versus 58.0 expected and a 58.0 – last month’s flash reading.

more to come ...