At 4:30 am ET Monday, U.K. CIPS/Markit PMI is due. The index is forecast to rise marginally to 51.5 in July from 51.4 in June.

Ahead of the data, the pound showed mixed trading against its major rivals. While the pound pared gains against the greenback, it climbed against the rest of major currencies.

The pound was worth 1.5625 against the greenback, 193.97 against the yen, 1.5116 against the franc and 0.7017 against the euro as of 4:25 am ET.

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