The UK CIPS/Markit factory PMI data is due at 4:30 am ET Tuesday. The manufacturing PMI is forecast to fall to 57.7 in December from 58.2 in November.

Ahead of the data, the pound traded mixed against its major rivals. While the pound held steady against the yen, it rose against the rest of major rivals.

The pound was worth 1.3555 against the greenback, 152.35 against the yen, 1.3187 against the franc and 0.8889 against the euro at 4:25 am ET.

Grafico Cross Sterling vs Yen (FX:GBPJPY)

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Grafico Cross Sterling vs Yen (FX:GBPJPY)

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