GBP/USD rises to 1.3185 after UK service PMI beat, 61 vs 58 f/c nZRN0043F7

1.3157 was 2-day low circa 0900 GMT (pre-UK PMIs) vs 1.3205 early Ldn high

UK service PMI beat underpins expectation of more 25 bps BoE hikes in Q2/Q3

Quarter-point BoE hikes fully priced for May, June, August and September

BOEWATCH. 1.3121-1.3299 is intra-week range-to-date for cable nL2N2VR0DS

UK's Sunak criticised over response to cost of living crisis nL5N2VR2I9