A rising wedge occurs.
A rising wedge often indicates a further move down when price breakdown occurs.
GBP/USD hints a change to the downside towards 1.26.
As we can see the price forms a bearish rectangle, GBP/USD wants a next bearish action for clear breakout confirmation.
A bearish rectangle is believed to be a technical bearish price pattern that predicts prices are likely to keep falling downward if price breaks out to the the downside.
Decline towards 1.25 looks likely while lower than 1.2515.