FXstreet.com (Barcelona) - The Sterling has continued rising in the last hour after the BoE decision to increase its QE plan to 200B against the Dollar with the pair rising more than 145 pips from 1.6490 to break 1.6590/1.6600 resistance zone and trade at 2-week high close to 1.6635.

The BoE has left Bank Rate on hold at 0.5%, while announced its decision to extend its quantitative easing program to GBP200 billion from previous GBP 175 billion.

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