Pound fell after the Bank of England

The views of the foreign exchange market participants on the outcome of meetings of the Bank of England were very different, but generally they can be divided into two groups: those who waited for the conservation rate and the extent of quantitative easing on the same level, and those who, while maintaining rates at 0.50% saw opportunity to increase purchases of securities the central bank to stg25 billion to the upper boundary is agreed upon before the amount of stg150 billion reality turned out to be unexpected, and for those for the other: Bank of England kept rates, but the increase in QE was immediately stg50 billion, that triggered the aggressive sale of the British currency, which now holds about $ 1.6855. Peak of $ 1.6968 was halted around $ 1.6830, and while the Bulls could try to take advantage of bidami deployed up to $ 1.6820, to rebound above, the risks are now leaning in favor of further decline to $ 1.6780 and $ 1.6750.