October 27, 2011 / 1:17 PM / in 7 years

Sterling rises to 7-week high versus dollar

LONDON, Oct 27 (Reuters) - Sterling rose to a seven-week high versus a broadly weak dollar on Thursday as perceived riskier currencies benefited from U.S. GDP figures that were in line with expectations and EU leaders striking a deal on tackling the euro zone debt crisis.

The pound climbed to $1.6067, its highest level since Sept. 8, breaking through resistance at the 21- and 55- week moving averages around $1.6045. (Reporting by Nia Williams)

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