GBP/USD drops to 1.2520, down 0.37% on a day while heading into the London open on Monday. EUR/USD has started the week on a positive foot and is lifting to the 1.1465/70 band, new three-month peaks Dollar Index was flat at 95.925, near the four-month low it posted last week, while USD/JPY was up 0.3% at 107.27.