If you look through the uncertainty surrounding British politics and Brexit and concentrate on technicals, chances are good GBP/USD will trade towards an Ichimoku cloud twist at 1.3005-09 in the first week of November.
Cloud twists often attract, and this twist occurs at a time when traders are short of pounds.
At the end of any year, traders pare bets, and that's going to support sterling.
After the break below 1.2000 and the potential bear trap that created, GBP shorts may reach a record, and that means the pound is due a lot of support.
Interest rate cuts look likely in the United States but not in the UK, so support is also growing for GBP/USD from rates markets.
Despite a record low for 10-year UK gilt yield, the spread with U.S. 10-year debt has narrowed 74 bps since November 2018 and is near a big tech break which would generate a lot more support for GBP/USD.