Ed has held the Number 1 spot for the last six weeks with his recent comeback hit Shape Of You but Take That's new track is fast climbing up the charts.
Although, in a strange twist, Ed could also end up knocking himself off the top spot after releasing a new single.
According to the latest Official Chart Update out this evening, Ed's new song How Would You Feel (Paean) from his upcoming album ÷ (divide) is currently at Number 2 below Shape Of You.
Just 700 sales behind pole position, Ed could topple himself at Number 1 just like Justin Bieber did in 2015 when Love Yourself overtook Sorry.
As for Take That, their new single Giants is making a strong impact and is currently at Number 4 this evening after its first weekend on sale.
The song is the lead track from the now trio's new album Wonderland and comes ahead of their new tour later this year.
The full official top 40 singles chart listing will be revealed on Friday evening.