GBP/USD Potential Reversal?

As you can see we broke the purple flag or channel but we are approaching a huge confluence level at 1.26-1.27 zone. We have the all time trend line combined with a strong horizontal swing level where Im going to be searching for a short position. Please aim for at least 1:1 RR and manage your risk.
Chart PatternsTechnical IndicatorsTrend Analysis

Penafian