During European trading, the British Pound increased against the US Dollar, trading above 1.2590 levels.
The GBP/USD currency rose in the European session amid some higher hopes of a peace in the Russia - Ukraine war. In the UK, the Rightmove House Price Index (YoY) has been published with data lower than last month (1.4% realised vs 1.8% last month). In the US, Fed Members Harker and Bowman will speak (14:30 and 15.20 GMT respectively).