GBP/USD headed to 1.4776? - Scotiabank

Analysts at Scotiabank explained that Sterling might struggle to improve significantly against the USD until the risks around the UK referendum diminish more obviously.

Key Quotes:

"But it looks capable of holding up relatively well around 1.46 in the short-run."

"The 1.4665/75 area had been a stumbling block for the pound in recent weeks but the push above here should see the 200-day MA at 1.4776 tested."