[exim] SPF issue: acting like -all when ~all

Log Entry:

2017-12-14 13:09:26 H=smtp1.galacsys.net [217.24.81.209] X=TLSv1:DHE-RSA-CAMELLIA256-SHA:256 CV=no F=<VillaManagement@???> rejected RCPT <jana@???>: SPF check failed

exim configure file:

  deny    message       = $sender_host_address is not allowed to send mail from $sender_address_domain SPF check failed
          log_message   = SPF check failed
          hosts         = !+relay_from_hosts
          spf           = fail

SPF record:

sibarth.com descriptive text "v=spf1 ip4:192.254.220.186/24 include:mailwise.com include:galacsys.net include:electric.net include:mailanyone.net ~all"

Since the SPF record shows ~all shouldn’t this mail have been allowed through as it is not a -all ? or is it my configuration that is incorrect?

Kind Regards,

Jonathan Gilpin
fluent Ltd
www.fluent.ltd.uk