GBPUSD: Slowing Bullish Momentum & Bearish Wave

hey traders,

after a massive buying reaction last week we see that GBPUSD is slowing down.
rising wedge formation is a very good indicator of weakening momentum.
More the market contracts within the pattern, higher the chances that it will break to the downside.

I am waiting for a bearish breakout of the wedge to short the pair.

Market most likely will set a lower high before the breakout.

Target levels are
1.265
1.255

Stop above the highest point of the wedge