Pound rises 0.4% versus U.S. Dollar on Friday

The British Pound appreciated for a third straight day versus the U.S. Dollar reaching its strongest level in March after Mervyn King from the Bank of England said that the central bank is not trying to weaken the Sterling. The Pound added 0.4% to $1.5137 earlier on Friday London session after touching its highest level since February 28 at $1.5199.