Potential Bearish Cypher Setup

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After yesterday's post-FOMC Dollar slump, the GBPUSD could be setting up for this Bearish Cypher. It's a LOW PROBABILITY set-up, so I won't be placing any trades unless we see a definitive bearish candle within the next few days. Price action is now testing areas of supply, but retail sentiment is still short which indicates that price might continue to climb.

Penafian

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