As of Nov. 7, the BOE is maintaining its asset-purchase target of 375 billion pounds, or $599.1 billion, and interest rates at 0.5%.
The iShares MSCI United Kingdom ETF (NYSEArca: EWU) is up 2.9% over the past month, up 5.9% in the last three months and 13.8% higher year-to-date. EWU holds British pound-denominated U.K. large- and mid-cap stocks, so a strengthening pound would help bolster returns when converted back into U.S. dollars. [A Spot of Tea With U.K. ETFs]
CurrencyShares British Pound Sterling Trust
For more information on the British pound, visit our British pound category.
Max Chen contributed to this article.