A promising start to the day for the pound, recovering 30 pips, but then after another 30 pip drop at around 12:30, its back where it started at around 1.257, this appears to be acting as a level of support, and if this is correct we can expect a rise in GBP in the coming days/week. This will also be helped by the elections taking place, as soon as we know who our next PM is we'll know what the plan for brexit is, this will reduce the uncertainty around brexit, helping the pound.