At 4.30 am ET Friday, the Bank of England releases mortgage approvals data. The number of mortgages approved in December is forecast to rise to 65,600 from 65,000 in November.

Ahead of the data, the pound rose against its major rivals. The pound was worth 1.3131 against the greenback, 143.13 against the yen, 1.2740 against the franc and 0.8398 against the euro as of 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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