At 4:30 am ET Monday, U.K. GDP data, industrial production, construction output and trade data for December have been released. After these data, the pound fell against its major counterparts.

The pound was trading at 1.2906 against the greenback, 142.22 against the yen, 1.2932 against the franc and 0.8766 against the euro around 4:31 am ET.

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