Pound rises versus U.S. Dollar amid mortgage approvals

Source: Bloomberg
The British Sterling strengthened on Friday and was poised to record its fourth successive week of gains against the U.S. Dollar after a government report showed that mortgage approvals in the United Kingdome reached six-year high last month. The Pound fluctuated at $1.6343 by 1:15 p.m. in London following an increase to $1.6374, the most since January 2.

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