At 4:30 am ET Tuesday, UK CIPS/Markit manufacturing PMI data is due. The index is forecast to fall to 52.3 in February from 52.9 in January.

Ahead of the data, the pound showed mixed trading against its major rivals.
While the pound held steady against the euro, it rose against the rest of major currencies.

The pound was worth 1.3970 against the greenback, 158.14 against the yen, 1.3957 against the franc and 0.7788 against the euro as of 4:25 am ET.

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