GBPUSD Possible Breakout 1 hr chart

Bearish Flag / Breakout Possible on the Hour chart,

We have come down and retraced to the 618 on the Impulse leg.

The fib extention of 1.27 and fib inversion of 1.414 line up with the lowest pin bar on the daily.

We are oversold in the RSI as well
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