Following a retracement inside a long-term downtrend, the GBP/USD daily chart has formed a bearish flag pattern. It offers a bearish trading opportunity on a definite breakout. The flag and its pole are shown with the yellow lines. My potential take-profit level is marked with the green line (1.14737). My potential stop-loss level is marked with the red line (1.18999). I will wait for the price to close significantly below the flag's lower border to open a sell position.