michaeldobfx

Potential cup and handle pattern? GBP/USD 1-Hour Chart

Long
OANDA:GBPUSD   British Pound / U.S. Dollar
Potential cup and handle pattern on the 1-hour chart (For GBP/USD). Also a likely breakthrough on the 1.250-1.252 resistance level of risk-on optimism continues globally and USD weakness continues.

Note: My analysis is NOT professional investment advice, so please take responsibility for your own actions.

Disclaimer

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.