During European trading, the British Pound increased against the US Dollar, trading above 1.2800 levels.
The GBP/USD currency gained ground in the European trading session, as US President Trump has put a 90-day pause on tariff implementation for most countries, creating negative pressure for the dollar. In the UK, Bank of England Credit Conditions Survey was released. In the US, CPI Inflation data for March (2.5% exp) and US Initial Jobless Claims (223k exp) will be posted (13:30 GMT+1).
