|

FOREX HFT Signals Forecast: GBPUSD

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%0203040506070809010000.10.20.30.40.50.60.70.80.910
Avg Sell Price 1.3948
Avg Buy Price 1.3685
Liquidity Distribution
1.33601.37711.420000.10.20.30.40.50.60.70.80.911.100.10.20.30.40.50.60.70.80.911.33601.37711.4200SellBuy

Your Revolutionary Forex Source


FX Trading Revolution - Your Revolutionary Forex Source

Author

FX Trading Revolution Team

FX Trading Revolution Team

FX Trading Revolution

The FX Trading Revolution website is a free independent FOREX source, and was founded to provide true and unbiased information about FOREX trading.

More from FX Trading Revolution Team
Share:

Editor's Picks

EUR/USD hits two-day highs near 1.1820

EUR/USD picks up pace and reaches two-day tops around 1.1820 at the end of the week. The pair’s move higher comes on the back of renewed weakness in the US Dollar amid growing talk that the Fed could deliver an interest rate cut as early as March. On the docket, the flash US Consumer Sentiment improves to 57.3 in February.

GBP/USD reclaims 1.3600 and above

GBP/USD reverses two straight days of losses, surpassing the key 1.3600 yardstick on Friday. Cable’s rebound comes as the Greenback slips away from two-week highs in response to some profit-taking mood and speculation of Fed rate cuts. In addition, hawkish comments from the BoE’s Pill are also collaborating with the quid’s improvement.

Gold climbs further, focus is back to 45,000

Gold regains upside traction and surpasses the $4,900 mark per troy ounce at the end of the week, shifting its attention to the critical $5,000 region. The move reflects a shift in risk sentiment, driving flows back towards traditional safe haven assets and supporting the yellow metal.

Crypto Today: Bitcoin, Ethereum, XRP rebound amid risk-off, $2.6 billion liquidation wave

Bitcoin edges up above $65,000 at the time of writing on Friday, as dust from the recent macro-triggered sell-off settles. The leading altcoin, Ethereum, hovers above $1,900, but resistance at $2,000 caps the upside. Meanwhile, Ripple has recorded the largest intraday jump among the three assets, up over 10% to $1.35.

Three scenarios for Japanese Yen ahead of snap election

The latest polls point to a dominant win for the ruling bloc at the upcoming Japanese snap election. The larger Sanae Takaichi’s mandate, the more investors fear faster implementation of tax cuts and spending plans. 

XRP rally extends as modest ETF inflows support recovery

Ripple is accelerating its recovery, trading above $1.36 at the time of writing on Friday, as investors adjust their positions following a turbulent week in the broader crypto market. The remittance token is up over 21% from its intraday low of $1.12.