Formation of cup and holder pattern in GBPUSD
Expected to change from bearish momentum into bullish momentum due to the formation of cup and handle. The price expected to jump until 1.12125 for maximum TP, for minimum TP can target 1.1184, SL can be set below previous lower low
Note
Price spike up to 1.1153
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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.