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At 4:30 am ET Wednesday, British Bankers' Association releases U.K. mortgage approvals report for July. The number of mortgage approvals is seen falling to 38,000 in July from 40,103 in June.
Ahead of the data, the pound rose against its major rivals.
As of 4:25 am ET, the pound was trading at 0.8551 against the euro, 1.2733 against the Swiss franc, 1.3221 against the U.S. dollar and 132.39 against the yen.
