The British pound held steady at a five-month low against the US dollar on Tuesday, with its decline marginally extending subsequent to the release of wage data indicating a 6.0% year-on-year growth in British wages, excluding bonuses, for the three months leading up to the end of February.
As of the latest update, the pound was down 0.16% against the dollar, trading at $1.2450.
Additionally, it exhibited a slight weakening against the euro, standing at 85.42 pence per euro.