At 4:30 am ET Monday, the British Bankers' Association will release its mortgage approvals report for December. Mortgage approvals are forecast to edge down 36,500 in December from 36,717 in November.

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

As of 4:25 am ET, the Pound was trading at 0.7489 against the Euro, 1.3310 against the Swiss franc, 1.5013 against the U.S. dollar and 177.65 against the Yen.

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