Currency pair GBP/USD reached yesterday the light HFT selling pressure zone that was noted at 1.2803 and above. GBPUSD reacted there incredibly accurately, more than 90 pips bearish move followed and provided extremely profitable trade opportunities (especially the H1 Pin Bar candle provided nice entry signal). Then GBPUSD reached the light HFT buying pressure zone that was noted at 1.2747 and below. All bearish attempts were stopped there and GBPUSD closed yestreday's trading day within the light HFT buying pressure zone.
Today on GBPUSD:
Light HFT selling pressure noted at 1.2790 and above. Medium HFT selling pressure noted at 1.2881 and above. Strong HFT selling pressure can be seen today at 1.2973 and above.
Light HFT buying pressure noted at 1.2699 and below. Medium HFT buying pressure noted at 1.2608 and below. Strong HFT buying pressure can be seen today at 1.2516 and below.
GBPUSD Current Trading Positions
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