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Forming the Overhand Grip
The overhand grip is a popular pencil hold for sketching.
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When you ask how to hold a pencil, the overhand grip is the one most often recommended for sketching, as it makes it easy to use the side of the pencil. To make the overhand grip, the pencil is braced lightly against the fingers with the flat of the thumb. The actual position will vary according the the proportions of your hand: the main thing is to have a secure but relaxed grip on the pencil.