Sell setup has been formed,also trendine crossed and bear flag formed.
GBPUSD is correcting inside the HigherTimeFrame range and has reached to the Demand Zone.Last week we saw an impulse to the upside and now it is correcting and the price is around the 0.618 fib zone. We may see a slight cross of fib 0.618 and rejections will confirm the upward move .The move will be impulsive to the first target.
Third touch on the trendline should push the price upward. Market can fool traders on the third touch by crossing the trendline.
Watch the price action on the top of the structure and wait for the higher low to be broken and after pullback from broken higherlow wait for three touch pattern or sell from the top.