FOREX HFT Signals Forecast: GBPUSD

FX Trading Revolution Team FX Trading Revolution

The GBPUSD currency pair yesterday reached the light HFT buying pressure zone that was noted at 1.3877 and below. The bearish attempts were accurately reversed here and GBPUSD started to move higher providing a nice 100 pips bullish move and good opportunities to profit on the day.

Then, GBPUSD also reached the light HFT selling pressure zone that was noted at 1.3981 and above, where bullish attempts were stopped.

Today on GBPUSD:

Light HFT selling pressure noted at 1.4007 and above. Medium HFT selling pressure noted at 1.4139 and above. Strong HFT selling pressure can be seen today at 1.4272 and above.

Light HFT buying pressure noted at 1.3875 and below. Medium HFT buying pressure noted at 1.3743 and below. Strong HFT buying pressure can be seen today at 1.361 and below.

GBPUSD Current Trading Positions

Sell 54%

Buy 46%

Avg Sell Price 1.4052

Avg Buy Price 1.3886

Liquidity Distribution

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