Investing.com – Sterling hit a one-month low vs. dollar after downbeat U.K. output data.
Sterling hit a low of $1.2968 before recovering briefly to trade down 0.25% at $1.3007 at 04:50 ET.
Manufacturing declined 0.3% in June vs forecast fall of 0.2% and revised drop of 0.6% in May.
Sterling fell earlier Tuesday as a BoE policy member sees more rate cuts if economy weakens.
"Bank rate can be cut further, closer to zero,” BoE’s Ian McCafferty wrote in the Times.