Investing.com - Sterling fell to mid-January lows as activity in the services sector fell more than expected.
The pound was off 0.32% at $1.2227 at 05:30 ET. It eased 0.47% to €1.1621.
The services sector PMI fell to 53.3 in February against a forecast of 54.1 and a reading of 54.5 in January.
A reading of above 50 indicates expansion, one below contraction.
U.K. PM Theresa May faces the threat of calls for a fresh Scottish independence vote.
Scotland voted against independence in a referendum held in September 2014.
But Scotland voted to remain in the EU in the Brexit referendum held in June of last year.
May is due to emphasis the unity of the U.K. in a speech she is due to deliver in Scotland later Friday.
Westminster has to sanction an independence vote.