This sounds crazy in response to the UK governement coming up with ways to raise the british pound and all.....one thing we need to take into consideraion is that GBP is an asset currency......tecnically, i expect GU to close below the all time low of 1.0365 and form a new low at 1.000
We should be expecting GBPUSD in parity soon until the FED pivots anytime soon (probably in JAnuary or so).....
I expect a complete ( clear) breakout at 1.11450
NB: i expect not less than 15 massive moves and turning points on GU, any move is a generating asset.
WATCHOUT ON GU!!!