GBPUSD. High probability of continuation of the upward movement.

At the moment, the trading instrument is likely to continue its upward movement, this is what the breaking of the past high tells us about.

The GBP/USD COT report data reflects a marked increase in bullish sentiment for the European currency, expressed as a 31% increase in buyers and a 4% increase in market capitalization.
COT report data on the dollar index (USDX) reflects the growth of bullish sentiment on the US currency (especially among hedgers). Large speculators actively reduced selling and buying, which led to a slight increase in the net position for USD growth. Hedgers began to build up positions on the growth of the American. At the same time, the net position began to grow from levels that were minimal over the past almost 22 months. Continuation of this trend may contribute to the growth of the US currency.

Based on the data of CoT reports and co-directional bullish forces (USDX), (GBP) there is a high probability of a flat movement of the trading instrument.

Based on my vision of the market, I can add the following, I expect the upward movement to continue, perhaps after a slight correction to the past impulse.

Entry into positions is carried out only when a confirming pattern is formed.
Dear friends, if you have any questions about the description, please write in the comments.

BOS - Violation of the structure.
$$$ - Liquidity.
OB - Order block.
HH - Higher High.
HL - Higher Low.