GBPUSD-Cup and Handle-Bullish Trend Continuation

30 thg 3, 2023

GBPUSD was making HH and HL and was already in bullish trend. It has made a perfect cup and handle formation in 1H time frame. When we came across the chart, the price had already broken it's HH so we made a Market Price entry with 1% risk reqrd ration. We have also set our stop loss. Accoeding to our analysis, GBPUSD will make a new HH again as it is trend continuation.