The U.K. trade data, industrial production, construction output and GDP data for February have been released at 4:30 am ET Wednesday. Following these data, the pound rose against its major counterparts.

The pound was trading at 145.34 against the yen, 1.3086 against the franc, 0.8619 against the euro and 1.3074 against the greenback around 4:34 am ET.

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