Traders already priced a Boris victory. The pound is ready to conquer fresh highs, however, the lack of drivers and a stronger dollar limited its advance.
The main scenario is a further rally towards 1.3250.
An alternative scenario assumes a break below 1.3080.
If pound overcomes 1.3150, the spot will continue its rally towards 1.3250.
A bear breakout below 1.3080 will trigger fresh losses towards 1.3050.