Pound Edges Down After BoE Meeting

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 England’s 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.

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