Stackin_Guap

GBP/USD SELLS 2/2/2022

Short
FX:GBPUSD   British Pound / U.S. Dollar
Price has retraced to break the swing high but I believe this was an overextension. Currently at golden fib zone and there is a bearish rejection candle on the hourly timeframe. Anticipating the higher timeframe trend to hold and price to make new lows. High RR swing potential. There is Red Folder ADP news for the dollar later today, I believe this will be the catalyst for the push down.
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