Pound strengthens against Dollar ahead of BoE minutes release

Source: WBP Online
© Scanpix/Reuters
The Pound advanced against the Greenback on Wednesday, as traders in the UK await the Bank of England's meeting minutes release. The pair soared 0.35% to 1.5611 by 8:30 AM GMT, but was trading at 1.5624 shortly after the European stock markets opened. In addition, on Tuesday it was released that the UK government's net borrowing in June decreased to 9.4 billion pounds compared with 10.1 billion in the same period last year. 
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