The GBPUSD currency pair yesterday was trading between the light HFT buying and the light HFT selling pressure zones but it closed the day without reaching any of them.
Today on GBPUSD:
GBPUSD has already reached the light HFT buying pressure zone today, noted at 1.2971 and below. Medium HFT buying pressure noted at 1.2911 and below. Strong HFT buying pressure can be seen today at 1.2851 and below.
Light HFT selling pressure noted at 1.3031 and above. Medium HFT selling pressure noted at 1.3091 and above. Strong HFT selling pressure can be seen today at 1.3151 and above.
GBPUSD Current Trading Positions
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.