Sterling, which jumped last week on expectations of a BoE shift towards higher borrowing costs, fell after the Markit/CIPS UK Manufacturing Purchasing Managers’ Index(PMI) slipped to 54.3 from a downwardly revised 56.3 in May, a three-month low. The reading was below all forecasts in a Reuters poll of economists that had pointed to a reading of 56.5. It also contrasted …