GBP/USD: watching downside on leave camp making tracks - Scotiabank

Analysts at Scotiabank explained that GBP is little changed on the day but retains a soft undertone after the jittery trade earlier in the week. 

Key Quotes:

"The uncertain undertone may extend a little more, with the recent narrowing in the referendum opinion polls suggesting that “Leave” campaigning is starting to resonate with those voters who have remained on the fence so far."

"The CIPS construction PMI for May was weaker than expected at 51.2 (the street was looking for 52.0)."