Forex: GBP/USD remains above 1.6100 after BoE

December 06, 2012 | Filed Under »
Forex pairs in this Article » GBP/USD
FXstreet.com (Barcelona) - The sterling posted no reaction after the BoE has left unchanged both the lending benchmark and its asset purchase programme at 0.5% and £375 billion, respectively, broadly in line with market consensus.

The cross is now advancing 0.12% at 1.6117 facing the next resistance at 1.6131 (high Dec.4) ahead of 1.6133 (high Nov.2) and finally 1.6176 (high Nov.1).
On the downside, a break below 1.6047 (MA55d) would bring 1.6039 (MA10d) and then 1.5988 (low Nov.30).
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