UK CIPS/Markit services PMI is due at 4:30 am ET Wednesday. Economists forecast the index to remain unchanged at 54.0 in June.

The pound traded mixed against its major counterparts before the data. While the pound held steady against the euro, it dropped against the rest of major counterparts.

The pound was worth 145.60 against the yen, 1.3084 against the franc, 0.8837 against the euro and 1.3175 against the greenback as of 4:25 am ET.

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