Pound rises against U.S. Dollar amid higher house prices

The British Sterling increased on Monday rebounding from the lowest level in six weeks against the U.S. Dollar after the a report  showed that house prices in the U.K. advanced for the fifth successive month in May. The Pound rose 0.2% to $1.5196 as of 10:41 a.m. in London following a fall to $1.5158 on May 17, the weakest level since April 4.