Currency pair GBPUSD reached yesterday the light HFT selling pressure zone that was noted at 1.3001 and above. All bullish attempts were stopped there, more than 150 pips bearish move followed and provided very profitable trade opportunities. Then GBPUSD reached the light HFT buying pressure zone that was noted at 1.2917 and below. GBPUSD reacted there incredibly accurately again, more than 60 pips bullish move followed and provided profitable trading opportunities as well.
Today on GBPUSD:
Light HFT selling pressure noted at 1.3024 and above. Medium HFT selling pressure noted at 1.3183 and above. Strong HFT selling pressure can be seen today at 1.3342 and above.
GBPUSD Current Trading Positions
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