At 4:30 am ET Friday, the Office for National Statistics is slated to release U.K. labor market statistics. The ILO jobless rate is forecast to fall to 5.6 percent in three months to February. The number of people claiming jobseekers' allowances is forecast to fall 29,500 in March.

Ahead of the data, the Pound showed mixed trading against its major rivals. While the Pound rose against the U.S. dollar, the Yen and the Swiss franc, it held steady against the Euro.

As of 4:25 am ET, the Pound was trading at 0.7210 against the Euro, 1.4296 against the Swiss franc, 1.4967 against the U.S. dollar and 177.92 against the Yen.

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