The GBPUSD currency pair yesterday was trading between the light HFT buying and the light HFT selling pressure zones. The pair closed the day without reaching either one of them.

GBPUSD

Today on GBPUSD:

Currency pair GBPUSD today has already reached the light HFT selling pressure zone noted at 1.3093 and above. Medium HFT selling pressure noted at 1.3159 and above. Strong HFT selling pressure can be seen today at 1.3225 and above.

GBPUSD

Light HFT buying pressure noted at 1.3027 and below. Medium HFT buying pressure noted at 1.2961 and below. Strong HFT buying pressure can be seen today at 1.2895 and below.

 

GBPUSD Current Trading Positions

Sell 33%
Buy 67%
100.0%33.0%0304050607080901000
Avg Sell Price 1.2892
Avg Buy Price 1.2910
Liquidity Distribution
1.27651.29461.32251.27651.29461.3225SellBuy

Your Revolutionary Forex Source

High Risk Warning: Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

ADVISORY WARNING: Any news, opinions, research, data, or other information is provided as general market commentary and does not constitute investment or trading advice. FXTradingRevolution.com expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information.

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD favours extra retracements in the short term

AUD/USD favours extra retracements in the short term

AUD/USD kept the negative stance well in place and briefly broke below the key 0.6400 support to clinch a new low for the year on the back of the strong dollar and mixed results from the Chinese docket.

AUD/USD News

EUR/USD now shifts its attention to 1.0500

EUR/USD now shifts its attention to 1.0500

The ongoing upward momentum of the Greenback prompted EUR/USD to lose more ground, hitting new lows for 2024 around 1.0600, driven by the significant divergence in monetary policy between the Fed and the ECB.

EUR/USD News

Gold aiming to re-conquer the $2,400 level

Gold aiming to re-conquer the $2,400 level

Gold stages a correction on Tuesday and fluctuates in negative territory near $2,370 following Monday's upsurge. The benchmark 10-year US Treasury bond yield continues to push higher above 4.6% and makes it difficult for XAU/USD to gain traction.

Gold News

Bitcoin price defends $60K as whales hold onto their BTC despite market dip

Bitcoin price defends $60K as whales hold onto their BTC despite market dip

Bitcoin (BTC) price still has traders and investors at the edge of their seats as it slides further away from its all-time high (ATH) of $73,777. Some call it a shakeout meant to dispel the weak hands, while others see it as a buying opportunity.

Read more

Friday's Silver selloff may have actually been great news for silver bulls!

Friday's Silver selloff may have actually been great news for silver bulls!

Silver endured a significant selloff last Friday. Was this another step forward in the bull market? This may seem counterintuitive, but GoldMoney founder James Turk thinks it was a positive sign for silver bulls.

Read more

Majors

Cryptocurrencies

Signatures