The GBP/USD daily chart presents a potential bearish continuation setup as price tests the Kijun-sen (blue) and Tenkan-sen (red) resistance while remaining below the Ichimoku cloud (Kumo), signaling an overall bearish bias. The red Kumo ahead reinforces negative momentum, but caution is advised as the Kijun-Tenkan confluence could trigger a reversal. A rejection here could offer a short entry below 1.2680, with a stop-loss above the Kijun-sen near 1.2823 and a target at the previous swing low around 1.2489, maintaining a favorable risk-to-reward ratio.