GBPUSD Short Loss Fri 02/12/2022 London

Expected development of price and PB. Price appeared to break and retest H4 support. Sell on 15m retest of H1 support to TP at previous H4 level (Against Trend so manage risk). Price fake out broke back upwards then completed a sharp PB in our expected direction in start of NY. Watching for bullish development, no sells unless break of H4 support created in PB.
SL -13 pips
GBPUSDTrend Analysis

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