That is something pound buyers will not be too happy about
The UK PMI data beat earlier failed to tip the scales significantly and I reckon that is something that won't do the pound much favours ahead of the BOE meeting next week.
If the rates market had moved to price out a rate cut more significantly, perhaps the currency would gain further. But a coin flip decision? That's hardly convincing for buyers to try and chase a move higher because there's a 50-50 chance of things turning out badly.
Should the odds continue to stay that way ahead of the meeting next week, I would expect the pound to run into sellers on any meaningful rallies - especially against the resistance levels that held earlier around 1.3150 and 1.3170-75.
