Germany HCOB Services PMI above forecasts (53.4) in February: Actual (53.5)

GBP/USD stays in the red below 1.3350 in the European session on Wednesday. Escalating conflict in the Middle East keeps the “flight to safety” theme intact, supporting the US Dollar against the Pound Sterling. Traders will take more cues from the US ADP Employment and ISM Services Purchasing Managers Index reports, which are due later on Wednesday. 

Source: https://www.fxstreet.com/news/germany-hcob-services-pmi-above-forecasts-534-in-february-actual-535-202603040855