During European trading, the British Pound increased against the US Dollar, trading above 1.2920 levels.
The GBP/USD currency gained ground in the European trading session, as reports come out that the UK could be spared the brunt of the tariffs implemented by the US administration tonight. In the UK, there are no data releases scheduled today. In the US, ADP for March (118k exp) will be posted (13:15 GMT+1) and President Trump will speak (on reciprocal tariffs etc) at (20:00 GMT+1).