FXStreet reports that FX Strategists at UOB Group said that a move above 1.3400 remains on the cards. 

Next 1-3 weeks: “We have held a positive view in GBP since last Tuesday. After GBP retreated from a high of 1.3396, we highlighted on Tuesday (24 Nov) that ‘there is chance, albeit not a high one, for GBP to push above 1.3400’. GBP rose to 1.3394 yesterday before closing at 1.3386 (+0.19%). Momentum is beginning to improve and a break of 1.3400 would shift the focus to the year to-date high at 1.3481 (there is a minor resistance at 1.3440). All in, the outlook for GBP is deemed as positive as long as it does not move below 1.3280 (‘strong support’ level previously at 1.3250).”