direction 方 (291) + clouds (124b) = banner

This combination occurs together in several characters (such as the following two; and also Character 755). however, the combination is not a radical, and dictionaries simply classify these characters under “direction” (Character 291).

He looks to see what direction the clouds are coming from, so that he can work out where to hang the banner (for the fete, so that it won’t be torn down by the wind). / [No pronunciation needed]