if you still don't have an active position on gbpusd here is the perfect opportunity to catch a selling rally.
on 1H the pair has formed a head and shoulders formation and the last thing that we are looking for is the breakout of the neckline.
as soon as the 1H candle closes below the underlined support, I will sell the pair on a pullback with sell limit, expecting a bearish continuation to 1.223 / 1.2165
stop will be 1.236
if the market goes above the head, setup will be invalid.