UK IHS Markit/CIPS composite PMI data is due at 4.30 am ET Monday. The UK composite output index is forecast to fall to 55.7 in September, as initially estimated, from 59.1 in August.

Ahead of the data, the pound strengthened against its major rivals. The pound was worth 1.2957 against the greenback, 136.93 against the yen, 1.1885 against the franc and 0.9062 against the euro as of 4:25 am ET.

Sterling vs Yen (FX:GBPJPY)
Forex Chart
From Nov 2020 to Dec 2020 Click Here for more Sterling vs Yen Charts.
Sterling vs Yen (FX:GBPJPY)
Forex Chart
From Dec 2019 to Dec 2020 Click Here for more Sterling vs Yen Charts.