Sterling rises to best levels on the day after BOE decision - ConsultFX

Sterling rises to best levels on the day after BOE decision

GBP/USD rises to a high of 1.3211 And nears a test of the 100-hour MA (red line) @ 1.3212. The pair was trading near the lows prior the decision at around 1.3110 levels but the vote change and some tweaks in the language to the more hawkish side (change in the QE reduction target rate) gave