During European trading, the British Pound fell lower against the US Dollar trading below 1.2700 levels.
The GBP/USD has continued to fall since earlier this day, following a stronger demand for the dollar as a safe haven currency. In the UK, BoE MPC member Mann will speak at (14:00 GMT). In the United States, Initial Jobless Claims (220k expected) and Philadelphia Fed Manufacturing Index for November (6.3 exp) will be posted (13:30 GMT). US Existing Home Sales for October (3.94mln exp) will be released (15:00 GMT).