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Pound Erases 0.3 Percent Gain Versus Dollar to Trade at $1.5795

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Jan. 31 (Bloomberg) -- The pound erased an advance versus the dollar to trade little changed at $1.5795 as of 11:06 a.m. London time, after strengthening as much as 0.3 percent to $1.5842.

Sterling was 0.1 percent stronger at 85.81 pence per euro, after appreciating 0.3 percent to 85.59 pence.

To contact the reporter on this story: Anchalee Worrachate in London at aworrachate@bloomberg.net

To contact the editor responsible for this story: Keith Jenkins at kjenkins3@bloomberg.net