During European trading, the British Pound increased against the US Dollar, trading above 1.2800 levels.
The GBP/USD currency climbed up in the European trading session, as worse than expected ADP Non-Farm data weakened the dollar. In the UK, S&P Global Construction PMI for February was released with data lower than expected (44.6 realised vs 45.4 expected). In the US, Initial Jobless Claims (234,000 exp) will be posted (13:30 GMT).