Everybody is fed up with Fed's dithering but if they gather courage to walk the talk and raise the rate on September meeting then it will be another huge dip buying event in other pairs e.g. EUR/USD , AUD/USD and NZD/USD . They are kind of in a wishy-washy zone and should be traded accordingly. That translates into, not chasing higher and buying the good dip at support.
Now coming back to the pound, if Brexit headlines can keep the low profile and data points towards the stabilization or slight upward bias then a huge short squeeze will materialize. For that, 1.3500 needs to go away and that's not an easy task. Let's see what NFP brings tomorrow and we will tweak the position accordingly.