At 4:30 am ET Friday, U.K 's Office for National Statistics is due to release its construction output report for December. Construction output is expected to rise 2 percent in December after the 0.5 percent decline in November.

Ahead of the data, the pound rose against its major rivals.

As of 4:25 am ET, the pound was trading at 0.7771 against the euro, 1.4173 against the Swiss franc, 1.4511 against the U.S. dollar and 163.30 against the yen.

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