Currency pair GBPUSD reached yesterday the light HFT selling pressure zone that was noted at 1.2957 and above. All bullish attempts were stopped there and more than 50 pips downside move followed. Then GBPUSD accumulated enough bullish strength again and closed yesterday's trading day within the light HFT selling pressure zone.
Today on GBPUSD:
Light HFT selling pressure noted at 1.3001 and above. Medium HFT selling pressure noted at 1.3086 and above. Strong HFT selling pressure can be seen today at 1.3170 and above.
GBPUSD Current Trading Positions
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