FOREX HFT Signals Forecast: GBPUSD

FX Trading Revolution Team FX Trading Revolution

The GBPUSD currency pair on Friday first reached the light HFT selling pressure zone that was noted at 1.29 and above. A sharp reversal here preceded the 80 pips bearish move which was a great trading opportunity to profit on.

With the fall, GBPUSD then reached the light HFT buying pressure zone that was noted at 1.2844 and below. The reaction here was no less accurate and the pair immediately bounced after which a bullish move of 50 pips followed - providing, even more, trading opportunities to profit on the day.

Today on GBPUSD:

Light HFT selling pressure noted at 1.2914 and above. Medium HFT selling pressure noted at 1.2999 and above. Strong HFT selling pressure can be seen today at 1.3085 and above.

Light HFT buying pressure noted at 1.2828 and below. Medium HFT buying pressure noted at 1.2743 and below. Strong HFT buying pressure can be seen today at 1.2657 and below.

GBPUSD Current Trading Positions

Sell 92%

Buy 8%

Avg Sell Price 1.3105

Avg Buy Price 1.3000

Liquidity Distribution

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