UK Preliminary Services PMI rises to 53.3 in August vs. 52.8 expected

• UK Services PMI edges higher to 53.3 in August, beats estimates.
• Manufacturing PMI in the UK climbs to 52.5 in August.
• GBP/USD keeps gains at around 1.3100 after upbeat UK business PMIs.

The seasonally adjusted S&P Global/CIPS UK Manufacturing Purchasing Managers’ Index (PMI) improved from 52.1 in July to 52.5 in August. Markets had expected a 52.1 print.