At 4.30 am ET Wednesday, UK IHS Markit/CIPS composite Purchasing Managers' survey results have been released. The pound changed little against its major rivals after the data.

The pound was trading at 154.93 against the yen, 1.3972 against the greenback, 0.8548 against the euro and 1.2823 against the franc around 4:35 am ET.

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