Stackin_Guap

GBP/USD SHORT 22/05

Short
FX:GBPUSD   British Pound / U.S. Dollar
Price has hit weekly resistance with a push caused by cpi release, pound failed to break through 1.27500 and retraced creating a rejection wick. DXY also broke out of a descending trendline signifying bullish momentum mounting. The weekly candle has no bottom wick so a retracement is likely. Anticipating FOMC talks to push GU down.
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