Investing.com – Sterling jumped against the dollar as the BoE Thursday kept its bank rate at 0.5%.
Sterling hit a high of $1.3463 after the rate decision. It was up 1.74% at $1.3375 at 07:05 ET.
The betting odds were for an 80% chance of a cut to 0.25%.
The BoE signaled a rate cut in August.