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Bixley
Apr 26, 2023 8:50 AM

GBPUSD - Inverted Cup and Handle  

British Pound/U.S. DollarFXCM

Description

An inverted Cup and Handle or a structure that could be considered a rounded top.
We are currently in the handle forming phase where price moves upwards.
Price label for where the top of the handle will come in at the top of a relevant down channel is placed.
4Hr chart.
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