After the release of U.K. construction PMI for December at 4.30 am ET Wednesday, the pound dropped against its major rivals.

The pound was trading at 1.3585 against the greenback, 152.62 against the yen, 1.3218 against the franc and 0.8857 against the euro around 4:31 am ET.

Sterling vs Yen (FX:GBPJPY)
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Sterling vs Yen (FX:GBPJPY)
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