The 1.3 level has been the "northern star" for the pound since 2016. As expected the pound was unable to break thru this key level given the latest news release. Theres a lot of wiggle room between the 1.3 and the 1.26 area, mostly for bullish plays (see fib retracement). A clear break above the 1.3 and I'll look to play bullish following a pull back