GBP/USD has formed a clear cup and handle pattern on the 1-hour chart. The price created a rounded bottom (the cup) followed by a slight pullback (the handle). A breakout above the resistance level confirms the bullish continuation setup
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.