Currency pair GBPUSD yesterday reached the light HFT buying pressure zone that was noted at 1.2971 and below. After a strong reaction here, GBPUSD marched on a bullish move of more than 40 pips and provided nice trading opportunities to profit.
Today on GBPUSD:
Light HFT selling pressure noted at 1.301 and above. Medium HFT selling pressure noted at 1.3074 and above. Strong HFT selling pressure can be seen today at 1.3138 and above.
Light HFT buying pressure noted at 1.2946 and below. Medium HFT buying pressure noted at 1.2882 and below. Strong HFT buying pressure can be seen today at 1.2818 and below.
GBPUSD Current Trading Positions
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