During European trading, the British Pound increased against the US Dollar, trading above 1.3000 levels.
The GBP/USD currency gained ground in the European trading session, as the US-China trade war is escalating, creating negative pressure for the dollar. In the UK, GDP for February was released with data coming in higher than expected (1.4% realised vs 0.9% expected). In the US, PPI data for March (0.2% exp) will be posted (13:30 GMT+1).