During European trading, the British Pound decreased against the US Dollar, trading below 1.3400 levels.
The GBP/USD currency lost ground in the European trading session, as the dollar strengthened with a new positive trade talk outlook and a slightly weaker pound pressured by low consumer confidence coming out of the UK. In the UK, Yearly Retail Sales data for March (1.8 exp) will be released (11:00 GMT+1). In the US, Michigan Consumer Sentiment for April (50.8 exp) and Michigan 1-Year Inflation Expectations for April (6.7% exp) will be posted (15:00 GMT+1).
