The GBPUSD currency pair reached the light HFT selling pressure zone on Friday - noted at 1.3222 and above. After the bullish attempts were rejected and reversed here, GBPUSD started a bearish move of about 50 pips which provided nice profitable trading opportunities.
Today on GBPUSD:
Light HFT selling pressure noted at 1.3261 and above. Medium HFT selling pressure noted at 1.3352 and above. Strong HFT selling pressure can be seen today at 1.3442 and above.
Light HFT buying pressure noted at 1.3171 and below. Medium HFT buying pressure noted at 1.308 and below. Strong HFT buying pressure can be seen today at 1.299 and below.
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