GBP/USD: Possible sell?

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We have to chart patterns we could consider in this trade and both weigh heavily on the bearish side of things:

1. We see what could appear to be a bearish H&S.
2. We have a downtrend channel.
3. Price seems to be breaking support.

For now we should wait for the completion of the move before we can make any final judgments. I will be waiting on a completion of the break, retest and confirmation to the downside!

Let me know your thoughts in the comment section and please leave a like if you found this idea useful.
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Chart PatternsTrend Analysis

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