The pound ignored poor data when Brexit Party’s leader expressed support for Conservatives. This news boosted the pound upwards.
The main scenario is a new leg higher to 1.2940.
An alternative scenario assumes a decline to 1.2800.
Buy the Cable to 1.2940 when the rate leaves 1.2870 behind.
Sell the pair to 1.2800 after a sustained break through 1.2850.