Sterling fell to a two-month low against the U.S. dollar on Monday as concerns grew about the threat of the U.K. voting to leave the European Union in 10 days' time.
The pound traded as low as $1.412 on Monday, after polls at the weekend showed the "leave" vote in the lead. These included one conducted by the Sunday Times newspaper and market research firm YouGov that suggested 43 percent of voters wanted to leave the EU, while 42 percent wished to remain.
Later on Monday it pared some losses to trade at $1.428. Some traders attributed this to rumors that a poll yet to be published by The Guardian newspaper would show a five-point lead for the "remain" vote.