Pound Reverses Gain Versus Dollar; Trades 0.1% Lower at $1.5512

The pound reversed gains versus the dollar and pared an advance aginst the euro. It was 0.1 percent lower at $1.5512 at 1:20 p.m. London time and 0.1 percent stronger at 79.19 pence per euro after weakening 0.2 percent to 79.48 pence.

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