Weekly Overview ; Potential Flag pattern

Hello traders ,

This week In GBPUSD we would like to wait for Monday candle close in order to understand better how pair wants to move in this week , as we can see there is potential Flag pattern in daily chart ,
Price is inside descending channel pattern and currently testing channel top , As today market is very volatile we do not have confirm direction of pair currently on monday mornings ,

In case of break above channel we may look to BUY GBPUSD with confirmed retest of support , till then look for a short setup in lower time frame as per your strategy and trading style with stops above current highs..