FXstreet.com (Jakarta) - The Sterling (GBP) fell in sympathy with Euro finding support below 1.4700 but struggling to make gains. UK Q1 GDP is forecast at -1.5% but the market is focusing on the BOE decision today with any comments about quantitative easing.

Overall the GBP/USD traded with a low of 1.4638 and a high of 1.4745 before closing the day at 1.4705 in the New York sesión, said Easy Forex Team.