Pending Short GBP/USD - Rising Wedge within Rising Channel

When price is at the middle channel line like it is right now, it's often tricky to trade because it's literally a 50/50 chance that price can go up or down.

However, there's a short term rising wedge as well based on April's price action. Thus, the odds are favoring a short term drop, so taking a short position in the near future wouldn't be bad move.

Consider exiting if price closes above the middle channel line (or above 1.69)
Target the lower channel line (around 1.67)