On Tuesday (Oct 11), subsession, / rose slowly, temporarily traded at 11084, up 0.24%.
Sought to allay concerns about the end of its emergency bond-buying program.
British markets went into a tailspin in late September after the government unveiled a plan to cut taxes and increase borrowing.
Britain was forced to intervene to prop up bond markets.
The Bank of England said it was prepared to buy as much as 10 billion pounds ($11.07 billion) of gilts on Monday, double its previous limit.
The central bank also created a new program to help banks have easier access to cash.
Despite the boe’s moves, the pound slipped for a fourth straight session, closing down 0.28 percent at 1.1054 on Monday, though it remains well above its all-time low of 1.0356 hit on September 26.
The RSI chart on the four-hour GBP/USD line remains below 40, suggesting buyers are staying on the sidelines for now.
