During European trading, the British Pound rose against the US Dollar, trading above 1.3700 levels.
The GBP/USD currency traded higher in the European Session, following increased positive trade sentiment and slightly higher odds for a FED rate cut in their next meeting. In the UK, Q1 GDP figures came in line with expectations (1.3%). In the US, Chicago PMI data for June (42.7 exp) will be released (14:45 GMT+1).
