GBP/USD:Trading the Bank of England Interest Rate Decision (Daily FX via Yahoo! Finance)

The Bank of England is widely expected to hold the benchmark interest rate steady at the record-low of 0.50% and is likely to uphold its GBP 75B asset purchase program in an effort to stimulate the ailing economy however, as the outlook for growth and inflation remains bleak, policymakers may signal that more need to be done as the region faces its worst economic downturn in over half a century.