EUR/GBP spikes up

FXstreet.com (London) - EUR/GBP has ticked up higher to fall short at 0.8573 after the release of the BoE minutes.

The vote was unanimous with regards to rates being left on hold, 9 -0. However, there was a split with regards to their bond purchasing programme and QE with 6-3 split, essentially echoing previous months. EUR/GBP is struggling now at overnight highs and daily channel resistance in a descending trend line on the hourly chart.