FOREX HFT Signals Forecast: GBPUSD

FX Trading Revolution Team FX Trading Revolution

Currency pair GBPUSD was under strong buying pressures yesterday and it first reached the light HFT selling pressure zone which was noted at 1.3816 and above.

After several bullish attempts were rejected here at first, GBPUSD then continued higher and reached the medium HFT selling pressure zone as well which was noted at 1.388 and above.

Finally, higher prices were strongly rejected and reversed in the medium HFT selling pressure zone and GBPUSD ended the day back in the light HFT selling pressure zone.

Today on GBPUSD:

Light HFT selling pressure noted at 1.3927 and above. Medium HFT selling pressure noted at 1.4113 and above. Strong HFT selling pressure can be seen today at 1.4299 and above.

Light HFT buying pressure noted at 1.3741 and below. Medium HFT buying pressure noted at 1.3555 and below. Strong HFT buying pressure can be seen today at 1.3369 and below.

GBPUSD Current Trading Positions

Sell 38%

Buy 62%

Avg Sell Price 1.3843

Avg Buy Price 1.3640

Liquidity Distribution

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