U.K. Pound Climbs Against Dollar, Heads for Fifth Monthly Gain

By Daniel Tilles

July 31 (Bloomberg) -- The pound advanced against the dollar, set for its fifth monthly gain, the longest run since February 2004.

The British currency climbed 0.3 percent to $1.6546 as of 6:27 a.m. in London.

Against the euro, the pound was little changed at 85.39 pence, from 85.31 pence yesterday, poised to snap a five-week decline.

To contact the reporter on this story: Daniel Tilles in London at dtilles@bloomberg.net