NOTE: This is just analysis/advice, do not FOLLOW this trade blindly - I take no responsibility for it...
Looking at GBPUSD on the 1H chart, it can be seen that price has currently rebounded from a recent high made on the 1H on Friday 25th January from around 1.32175. From here there has been a bearish candle, showing room for some downside, after the bullish...
Heavy manipulation on these pairs, feel it was needed to stop people out that had already been holding a short position.
As it was such a heavy spike i feel this will plummet very fast....
