At 4:30 am ET, the Bank of England will release its mortgage approvals and money supply data for December. Mortgage approvals are expected to remain stable at 59,000 in December. In November, money supply had declined 2.8 percent year-over-year.

Ahead of these data, the Pound showed mixed trading against its major rivals. While the Pound fell against the Euro and the Yen, it held steady against the Swiss franc and the U.S. dollar.

As of 4:25 am ET, the Pound was trading at 0.7518 against the Euro, 1.3877 against the Swiss franc, 1.5064 against the U.S. dollar and 177.19 against the Yen.

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