GBPUSD Is rally from 10/16 a bear flag formation?

Price action is caught up between a possible bear flag formation and the 3-year descending trend line ahead. I would watch out for a breakout either way. Break of descending trend line could see 1.5 tested. On the other hand, break to the downside could test 2016 low @ 1.1905.
Chart PatternsTechnical IndicatorsTrend Analysis

Exención de responsabilidad