At 4:30 am ET Tuesday, the Office for National Statistics is set to publish U.K. industrial output data for May. Industrial output is expected to fall 0.2 percent on a monthly basis and manufacturing output to rise 0.1 percent in May.'

Ahead of the data, the pound showed mixed trading against its major rivals. While the pound fell against the U.S. dollar, the Swiss franc and the yen, it held steady against the euro.

As of 4:25 am ET, the pound was trading at 0.7073 against the euro, 1.4714 against the Swiss franc, 1.5531 against the U.S. dollar and 190.79 against the yen.

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