Forex Trading : GBP / USD jumps to new highs above 1.4930

Forex Trading : GBP / USD pairs as the best performance of the center of the major currency pairs appeared in the middle of the European session, erasing earlier losses as a whole, as the dollar fell against its major counterparts on the back of expectations of the minutes of the meeting of the Committee warned the open market.
Currency GBP / USD rises from 1.4898
GBP / USD is trading upward by 0.80% at the new bullish levels for two days at 1.4942 levels more away from the 1:48 barrier. Exchange rate jumped about 30 points above the 1.49 handle and stayed near the bullish levels, where sterling witnessed a new wave of buying, with the US dollar extended its decline in general.
The US dollar index, which measures the relative strength of the dollar against a basket of six major currencies has decreased by 0.68% to a new bearish near 97.58 levels.
GBP / USD remains bullish ahead of the policy meeting of the Bank of England. It is expected that the Bank of England to keep rates unchanged at 0.50%, where the eighth year, will begin this rate, reaching this level originally in March 2009.