Following the release of U.K. Markit/CIPS services PMI for November at 4:30 am ET Thursday, the pound dropped against the other major currencies.

The pound was trading at 1.4931 against the greenback, 184.38 against the yen, 0.7071 against the euro and 1.5281 against the franc around 4:31 am ET.

The material has been provided by InstaForex Company – www.instaforex.com