UK Preliminary Services PMI edges lower to 51.2 in June vs. 53.0 expected

• UK Services PMI unexpectedly declines to 51.2 in June.
• Manufacturing PMI in the UK rises to 51.4 in June.
• GBP/USD holds lower ground near 1.2650 after mixed UK business PMIs.

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) increased from 51.2 in May to 51.4 in June, beating the market consensus of 51.3.