During European trading, the British Pound increased against the US Dollar, trading above 1.2930 levels.
The GBP/USD currency rose in the European trading session, spurred by a weakening dollar as the unpredictable tariff policy by US President Donald Trump sparked recession worries for the US. In the UK there is no major scheduled data today. In the US, CPI Inflation data for February (2.9% exp) will be released (12:30 GMT).