Currency pair GBPUSD yesterday first reached the light HFT buying pressure zone which was noted at 1.384 and below. The bearish attempt was strongly rejected and later reversed here leading to a sharp bullish move of more than 180 pips in total. This provided great trading opportunities to profit on the day.
Finally, with the bullish move, GBPUSD also reached the light HFT selling pressure zone that was noted at 1.3932 and above.
Today on GBPUSD:
Light HFT selling pressure noted at 1.4073 and above. Medium HFT selling pressure noted at 1.429 and above. Strong HFT selling pressure can be seen today at 1.4506 and above.
Light HFT buying pressure noted at 1.3857 and below. Medium HFT buying pressure noted at 1.364 and below. Strong HFT buying pressure can be seen today at 1.3424 and below.
GBPUSD Current Trading Positions
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