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2011.08.1612:27:00UTC+00Pound Trades At 8-day High Against US Dollar

Extending its 5-day winning streak, the pound touched 1.6433 against the US dollar around 11:10 am ET Tuesday, the highest level since August 8. The next upside target for the cable is likely to be seen around the 1.6480 level. The pair is presently quoted at 1.6427.



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