U.K. foreign trade and construction output reports are due at 4:30 am ET Friday. The visible trade deficit is seen widening to GBP 10.3 billion in January from GBP 9.9 billion in December.

The pound advanced against its major counterparts before the data.

The pound was quoted at 1.4280 against the greenback, 1.4087 against the franc, 162.50 against the yen and 0.7798 against the euro at 4:25 am ET.

The material has been provided by InstaForex Company – www.instaforex.com