FXstreet.com (Barcelona) - The Sterling is reacting up against the Yen in the minutes following the BoE interest rate decision and QE policy. GBP/JPY has risen around 125 pips from MA55 hourly chart at 148.80 before rate decision to test 150.00 level. Currently the pair is trading around 149.85/95.

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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