The pound dollar exchange rate has taken a battering in late play in London. GBP/USD is 0.64 pct down at 1.5170. "The US dollar pushed higher against the other major currencies on Friday, as strong U.S.
The British pound sterling (Currency:GBP) is mixed today - at present there is little by way of GBP-specific action for traders to focus on so the wider themes surrounding the Yen, Aussie dollar and US dollar are driving markets at present.
The British Pound has advanced against the majority of its peers after data showed that the nation's dominant services sector recorded its strongest rate of growth in April since last year's Olympic Games.