GBP/USD - Bearish Butterfly - Weekly Chart

Bearish Butterfly pattern has formed on Weekly - GBP/USD.   Price may run up to complete AB = CD pattern.  D projection is at 1.6364.  The 127.2% Fibonacci extension of XA is at 1.6418.  This would be a valid level for price to go to also.  Look for clues for a turnaround on shorter-term charts.