FXstreet.com (Barcelona) - Pound's post-BoE minutes decline has been hold at 1.6765, and the pair bounced up shortly afterwards, returning to pre-BoE levels around 1.6830 at the moment of writing.

The Pound trades now below intra-day high at 1.6845, and above here, next resistance levels could lie at 1.6875 (Nov 16 and 17 high) and 1.6950. On the downside, support levels lie at 1.6780 (session low) and below here, 1.6750/55 (Nov 17 low) and 1.6705.

The Pound declined on the back of BoE's MPC differences on the scale of the extension of bond's buying program, investors feared the possibility of more quantitative easing as well as the reduction of the Bank's reserve rate, a topic that was also discussed on the meeting.

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