The GBPUSD currency pair was highly volatile yesterday and it first reached the light HFT selling pressure zone which was noted at 1.3247 and above.
The bullish attempts were accurately rejected here after which GBPUSD embarked on a bearish move of more than 120 pips - giving excellent opportunities to profit. This fast move down caused the pair to reach the light and the medium HFT buying pressure zones which were noted at 1.3188 and below, and at 1.3129 and below.
The bearish attempt was highly accurately stopped in the medium HFT buying pressure zone after which the pair made a U-turn to the upside and begun a bullish move of 150 pips - offering even more profitable opportunities for the day.
Today on GBPUSD:
Light HFT selling pressure noted at 1.3329 and above. Medium HFT selling pressure noted at 1.3498 and above. Strong HFT selling pressure can be seen today at 1.3667 and above.
Light HFT buying pressure noted at 1.316 and below. Medium HFT buying pressure noted at 1.2991 and below. Strong HFT buying pressure can be seen today at 1.2822 and below.
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