FXstreet.com (Barcelona) - The Sterling (GBP) traded above 1.4500 supported by the Fed plan to purchase bonds.

Easy Forex Team said: Although the rally was subdued (relative to other majors) with views that the BoE plan to instill there own quantitative easing last week may counteract that of the FOMC.

Overall the GBPUSD traded at a low of 1.4162 and a high 1.4596 before closing the day at 1.4500 in the New York session.