Currency pair GBPUSD was moving between the light HFT selling and the light HFT buying pressure zones yesterday, but it didn't reach either one of them.

gbpusd

Today on GBPUSD:

Light HFT selling pressure noted at 1.3935 and above. Medium HFT selling pressure noted at 1.4043 and above. Strong HFT selling pressure can be seen today at 1.4151 and above.

gbpusd

Light HFT buying pressure noted at 1.3827 and below. Medium HFT buying pressure noted at 1.3719 and below. Strong HFT buying pressure can be seen today at 1.3611 and below.

 

GBPUSD Current Trading Positions

Sell 25%
Buy 75%
100.0%25.0%02030405060708090100
Avg Sell Price 1.3948
Avg Buy Price 1.3685
Liquidity Distribution
1.33601.37711.4200SellBuy

 


 

Your Revolutionary Forex Source

High Risk Warning: Please note that foreign exchange and other leveraged trading involves significant risk of loss. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.

ADVISORY WARNING: Any news, opinions, research, data, or other information is provided as general market commentary and does not constitute investment or trading advice. FXTradingRevolution.com expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information.

Recommended Content


Recommended Content

Editors’ Picks

AUD/USD remains under pressure above 0.6400

AUD/USD remains under pressure above 0.6400

AUD/USD managed to regain some composure and rebounded markedly from Tuesday’s YTD lows in the sub-0.6400 region ahead of the release of the Australian labour market report on Thursday.

AUD/USD News

EUR/USD holds above 1.0650 amid renewed selling pressure in US Dollar

EUR/USD holds above 1.0650 amid renewed selling pressure in US Dollar

The EUR/USD pair edges higher to 1.0672 on Thursday during the early Asian session. The recovery of that major pair is bolstered by renewed selling pressure in the US Dollar and a risk-friendly environment.

EUR/USD News

Gold retreats as lower US yields offset the impact of hawkish Powell speech

Gold retreats as lower US yields offset the impact of hawkish Powell speech

Gold prices retreated from close to weekly highs during the North American session on Wednesday amid an improvement in risk appetite. The bullish impulse arrived despite hawkish commentary by US Federal Reserve officials. 

Gold News

Bitcoin price uptrend to continue post-halving, Bernstein report says as traders remain in disarray

Bitcoin price uptrend to continue post-halving, Bernstein report says as traders remain in disarray

Bitcoin price is dropping amid elevated risk levels in the market. It comes as traders count hours to the much-anticipated halving event. Amid the market lull, experts say we may not see a rally until after the halving. 

Read more

Australia unemployment rate expected to rise back to 3.9% in March as February boost fades

Australia unemployment rate expected to rise back to 3.9% in March as February boost fades

Australia will publish its monthly employment report first thing Thursday. The Australian Bureau of Statistics is expected to announce the country added measly 7.2K new positions in March after the outstanding 116.5K jobs created in February.

Read more

Majors

Cryptocurrencies

Signatures