Following the release of Bank of England's mortgage approvals for May and UK Markit/CIPS manufacturing PMI for June at 4.30 am ET Monday, the pound dropped further against its major opponents.

The pound was trading at 136.87 against the yen, 1.2645 against the greenback, 0.8960 against the euro and 1.2432 against the franc around 4:33 am ET.

Grafico Cross Sterling vs US Dollar (FX:GBPUSD)

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Grafico Cross Sterling vs US Dollar (FX:GBPUSD)

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