Pound Pressured As Brexit Poll Shows 'remain' Lead Shrinking

The British pound pulled back from a five-month high to slip back below $1.47 after news reports said the latest Survation Brexit poll for IG Group showed 45% of voters backed remaining in the European Union versus 44% who favored leaving. While that's a statistical dead heat, the it marked a narrowing the "remain" camp's three percentage point lead seen in a poll published Saturday. Other polls released this week had shown momentum shifting back toward the "remain" camp. The British pound traded at $1.4683 in recent action versus near $1.4730 ahead of the release of the poll. The pound is little changed versus the dollar on the day.