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Recent pressure on the pound abated thanks to surprise news of faster U.K. services growth last month. But support for the pound looked tentative at best on the eve of Britain's crucial general election that looked set t…

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EconoTimes — Reading the Times. Understanding the Future.

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Recent pressure on the pound abated thanks to surprise news of faster U.K. services growth last month. 

But support for the pound looked tentative at best on the eve of Britain's crucial general election that looked set to end in indecisive fashion which would risk a prolonged period of sterling-negative political uncertainty. 

Britain's services PMI unexpectedly jumped to an 8-month best of 59.5 in April, a full point better than expected, from 58.9 in March. 

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