GBP/USD continuation of consolidation?

As you can see from the daily chart analysis linked to this chart I am expecting to see a pull back on the current uptrend. However the rejection of the channel today does suggest another retest of the upside channel resistance. I am not going to trade the buy but wait for the sell from the top of the channel or a buy if it breaks through and pulls back to form a support base above the upper channel line. Alternatively if we see a hold below the channel support then a sell from there could also work.