GBPUSD looking at the 12-hour timeframe perspectives. GBPUSD has established this bearish wave-count to the downside within which it already completed wave A completely and is now about to form the wave B in the structure that is directly moving into the main resistance-cluster where several resistances coming together, the 200-EMA , the 100-EMA and also the 38.2% Fibonacci-resistance from where a pullback to the downside is highly likely, this pullback will be the origin of the main wave-C and GBPUSD will move on to the downside within its wave-count. Besides, that GBPUSD formed this bearish EMA-death-crossover here already which is giving further increased indication for the bearish impulse to the downside scenario. Once this has been completed and GBPUSD reached the dynamic target- and recovery-zone there will be the possibility given for a substantial reversal once this is done GBPUSD will even have the ability to set up an upside-breakout above the descending-trend-line.