On the bigger timeframe, a potential head and shoulders bearish pattern is forming. In the present moment, GBPUSD is forming the right shoulder. The price action in week 07 and week 08 should determine the validity of the right shoulder.
If you are bearish GBPUSD, then it is prudent to find proper price zones to short GBPUSD. On the formation of the right shoulder, there is a possibility to short at the bearish bat harmonic pattern. With a confluence of 2 very strong technical indicators, i.e. the head & shoulders pattern and the bearish bat harmonic pattern, the chances of a winning trade for this setup is high.
SHORT GBPUSD 1.6620