At 4:30 am ET, U.K. Office for National Statistics is due to release its second estimate for gross domestic product report. GDP is expected to grow 2.7 percent year-over-year in the fourth quarter and 0.5 percent quarter-over-quarter, confirming the flash estimates.

Ahead of the data, the Pound showed mixed trading against its major rivals. While the Pound fell against the U.S. dollar, the Swiss franc and against the Yen, it held steady against the Euro.

As of 4:25 am ET, the Pound was trading at 0.7312 against the Euro, 1.4677 against the Swiss franc, 1.5523 against the U.S. dollar and 184.37 against the Yen.

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