Viewers of the ITVBe show saw sparks flying between Pete and Jess in Marbella last month then, once back in Essex, they hung out a couple of times.
We all thought they may be the hot new Essex power couple on the scene but instead they've decided to cool things down and just be friends for now.
Speaking to the official TOWIE website, Pete said: "I think me and Jess after the other day decided there is a lot of pressure in Essex. When you go on a date with someone or go out a couple of times then suddenly you're together.
"To be honest with you, both of us are quite happy being single at the minute so I think we will be pals and see what happens. You never know!
"I think it's the pressure that's made us both take a step back. What you don't want to happen is for things to be forced. So I think it's best for me and her to be pals."
That echoes what Jess said earlier this week:
"Me and Pete have put whatever it was between us to bed. We both agreed separately and then mutually that it's just not going to happen. There's not really a spark there, Pete and Jess gate has been fully closed, but we are good friends, there's no awkwardness and it's very nice to be mutually agreeing on something."
TOWIE continues tonight at 10pm on ITVBe.
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