FOREX HFT Signals Forecast: GBPUSD

FX Trading Revolution Team FX Trading Revolution

The GBPUSD currency pair yesterday reached the light HFT selling pressure zone that was noted at 1.3461 and above. The reaction here was with an accuracy of only 3 pips and the bullish attempt was quickly rejected and reversed.

Then GBPUSD fell by more than 60 pips - providing good bearish trading opportunities.

Today on GBPUSD:

Light HFT selling pressure noted at 1.3473 and above. Medium HFT selling pressure noted at 1.3571 and above. Strong HFT selling pressure can be seen today at 1.3669 and above.

Light HFT buying pressure noted at 1.3375 and below. Medium HFT buying pressure noted at 1.3277 and below. Strong HFT buying pressure can be seen today at 1.3179 and below.

GBPUSD Current Trading Positions

Sell 43%

Buy 57%

Avg Sell Price 1.3609

Avg Buy Price 1.2952

Liquidity Distribution

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