GBPUSD - Bearish flag!

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The price seems to be still stuck in a bearish flag, I had to update the channel and upload again as the price moved slightly outside but is still in the flag. This means that this price is currently retracing and could see future bear movements. Talks are not going very well over Brexit, as the government cannot stick together and unite as we move through a time of uncertainty. Today another massive blow has been dealt to the UK after a MP has decided to resign putting more pressure on this tory government. The overall outlook for the GBP is not looking very positive and I believe that the pound will decline over the next few weeks.

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