An observation
One technical observation I have had is that when price quickly returns (within the next candle) of a broken Mother candle then price is often supported. This is what has just happened now prior to the weak UK retail sales data.
The level I would like to go long from would be a little lower down around the 1.2920-1.2900 level. However, we may not get that and headline risk remains. I would consider taking profit on any shorts from the 200EMA down that you may have traded. (I have taken my profit from a. short off the pivot level earlier). GBPUSD currently at 1.2937 seeming to finally respond to the data rather then a Brexit headline that came out over the release.
