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2010.07.2904:14:00UTC+00Pound Climbs To New Multi-month High Against US Dollar

U.K.'s sterling touched 1.5656 against the US dollar by 3:10 am ET and this set the highest level for the pair since February 18. On the upside, the cable may find resistance around the 1.5740 level. The pair closed yesterday's deals at 1.5601.

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