The Great Britain pound fell a little today after the Bank of England kept its monetary policy stable. Now Forex traders wait for a policy decision from the European Central Bank.
The BoE announced after today’s policy meeting:
The Bank of Englandâs Monetary Policy Committee at its meeting today voted to maintain Bank Rate at 0.5%. The Committee also voted to maintain the stock of purchased assets financed by the issuance of central bank reserves at £375 billion.
Earlier during the current trading session, the Halifax House Price Index demonstrated a 0.4 percent increase in November from a month ago.
GBP/USD declined from 1.5686 to 1.5667 as of 12:52 GMT today. EUR/GBP rose from 0.7847 to 0.7858.
If you have any questions, comments or opinions regarding the Great Britain Pound,
feel free to post them using the commentary form below.