The Sterling (GBP) the GBP/USD moved higher but only gently with the BOE today with also an announcement on the currency Asset purchase program. The EUR/GBP is still very quiet at 0.8350 and the GBP/AUD recent rally against the struggling Aussie failed ahead of 1.5000. Looking ahead, ECB rate meeting forecast to hold at 1.0%. BOE Rate Meeting Forecast to hold at 0.5%.
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