Currency pair GBP/USD reached yesterday the light HFT buying pressure zone that was noted at 1.2914 and below. GBP/USD retraced there incredibly accurately. More than 50 pips bullish move followed and provided very interesting trade opportunities.
Today on GBP/USD: The market already reached the light HFT selling pressure zone noted today at 1.2959 and above. Medium HFT selling pressure noted at 1.3017 and above. Strong HFT selling pressure can be seen today at 1.3076 and above.
Light HFT buying pressure noted at 1.2900 and below. Medium HFT buying pressure noted at 1.2842 and below. Strong HFT buying pressure can be seen today at 1.2783 and below.