FOREX HFT Signals Forecast: GBPUSD

FX Trading Revolution Team FX Trading Revolution

The GBPUSD currency pair yesterday reached the light HFT buying pressure zone which was noted at 1.3949 and below. The price reacted strongly here and the bearish attempt was reversed. Then, GBPUSD started moving higher and provided nice opportunities to profit on a bullish move of more than 60 pips.

Today on GBPUSD:

Light HFT selling pressure noted at 1.4035 and above. Medium HFT selling pressure noted at 1.4128 and above. Strong HFT selling pressure can be seen today at 1.4221 and above.

Light HFT buying pressure noted at 1.3942 and below. Medium HFT buying pressure noted at 1.3849 and below. Strong HFT buying pressure can be seen today at 1.3756 and below.

GBPUSD Current Trading Positions

Sell 50%

Buy 50%

Avg Sell Price 1.4074

Avg Buy Price 1.3951

Liquidity Distribution

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