During European trading, the British Pound increased against the US Dollar, trading above 1.2930 levels.
The GBP/USD currency traded in a band in the European trading session, as it is still unknown whether or not Britain will evade a tariff war with the US. In the UK there is no major scheduled data today. In the US, Initial Jobless Claims (226k exp) and Year on Year PPI Inflation data for February (3.3% exp) will be released (12:30 GMT).