GBPUSD, 2023-02-21

By nowk
Updated
CBO with trendline support.

-- CBO meets trendline.
-- CBOs require a COC retest entry (5m)

Few things to note:

-- GBP released News that is moving GBP pairs quite a bit.
-- Would have liked the CBO formation to have formed a bit more classically, but the trendline support helps.
-- There is an DBD right above it that.
Comment
8:12 Continued movement upwards, still valid.

-- Change of character point readjusted for the move.

snapshot
GBPUSDMultiple Time Frame AnalysisSupply and DemandTrend Lines

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