The Bearish Flag pattern has been formed on GBPUSD at M15. The lower boundary of the pattern is located at 1.2522/1.2560 while the upper boundary lies at 1.2558/1.2596. The projection of the flagpole is 76 points. This formation signals that the downward trend is most likely to continue. Therefore, if the level of 1.2522 is broken, the price will move further downwards.