During European trading, the British Pound increased against the US Dollar, trading above 1.2930 levels.
The GBP/USD currency gained ground in the European trading session, as better than expected Manufacturing PMI data came out of the UK. In the UK, S&P Global Manufacturing PMI for March was released with data being higher than expected (44.9 realised vs 44.6 expected). In the US, ISM Manufacturing PMI for March (49.6 exp) and JOLTS Job Openings for February (7.730 mln exp) will be released (15:00 GMT+1).