As widely expected, the Bank of England maintained its key bank rate at 0.50 percent and asset purchase programme unchanged at GBP 375 billion.
The pound showed mixed trading following the decision. While the sterling edged higher against the dollar, it held steady against the rest of majors.
As of 7:03 am ET, the pound was trading at 1.5948 against the dollar, 156.0 against the yen, 1.4513 against the Swiss franc and 0.8485 against the euro.
