The Bank of England's mortgage approvals data for July and CIPS/Markit PMI report for August are set for release at 4:30 am ET Tuesday. Ahead of these reports, the pound slipped against its major rivals.

The pound was quoted at 1.5359 against the greenback, 183.85 against the yen, 1.4723 against the franc and 0.7360 against the euro at 4:25 am ET.

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