The British pound rose against the euro, dollar and other major currencies after the UK's PMI survey showed private sector activity reached a two-month high in October.
The British pound dropped on the inflation release, before finding its feet again.
UK inflation didn't quite meet the highs we feared it would.
Pound Sterling Defies the Gloom
- Category: GBP
The British pound is holding its own, despite enduring fears about the country's fiscal backdrop.
