GBPUSD Potential Reversal Points

GBP/USD potential reversal points, especially in light of the upcoming FOMC meeting, which is likely to have a significant impact on the market.

Reversal Point and Support: You believe that GBP/USD has found support and is poised for an upward move, especially given that it has formed a potential "double bottom" pattern. This type of pattern is often interpreted as a reversal signal after a downtrend, suggesting a price increase.

Your first target for the price is 1.26000 and the second target is 1.27000, which suggests a bullish outlook in the near term.

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