Nice analysis
DislikedI am favoring the downside based on the double top and break of trendline. If you are familiar with candlesticks, there have been some nice bearish signals in that past days, including today.
Have a look.
This is a 4-hr chart similar to the above but with the lines. This shows the close prices.
GBP - black
USD index - blue (this is an inverse .. so the chart is overlayed upside down)
You can see that the GBP/USD (black) is closing away from the direction of the USD index (blue). In other words, the GBP/USD made a higher close but...Ignored