GBPUSD, the cable is finding resistance at a price range of 1.19428 to 1.19140, as highlighted in our previously shared idea.
We anticipate that the GBPUSD pair will reverse at the critical support level. See the chart image for clarity.
The market is expecting some volatility later today due to the ISM Manufacturing PMI, JOLTS Job Openings, and FOMC Meeting Minutes reports. The details of these reports will determine to a very large extent if the support levels at 1.19428 and 1.19140 will hold or not.
Let's keep our fingers crossed. Please like this idea to help reach others and also follow me for support.
Many thanks for your time, and I hope to report back soon.