I am bearish GBPUSD. Here’s why from a technical perspective.
The daily time frame shows a bearish impulse while recent price action is within a corrective phase. Presently, price action is located at the 1.28190 horizontal support area, where we may have a sideways of price action before a bearish continuation. Technically, a breakdown of the pennant (blue) seen on the weekly time frame is in the offing and a bearish bias on the GBPUSD seems to be supported. I am bearish GBPUSD.
I may be wrong. Trade safe and prosper.