Is my math too advanced for you? Every factory RS out there is capable of exceeding 160mph in 6th gear. Top speed is only achieved in 6th gear. And the only gears capable of achieving 120mph are 4th, 5th, and 6th gear. So if you are at or near engine redline, which is 6700rpm (normally 6500rpm) then that means you were in 4th gear. 5th gear would put engine RPM below 5500rpm, and 6th gear even lower.
You've been given several suggestions. You ASKED for them.
Check the ford My Key status, you'll find instructions in the manual.
But short of being in the wrong gear, the only other way for engine RPM to approach Rev Limit at 120mph is either you were in 4th gear, or you have a slipping clutch. But honestly would show up long before 120mph. It is possible, but unlikely, that someone put a tune on the car that has a speed limiter.