Currency pair GBP/USD reached on Friday the light HFT buying pressure zone that was noted at 1.2909 and below. The light HFT buying pressure zone slowed down strong bearish sentiment. Then GBP/USD accumulated enough bearish strength again and GBP/USD reached the medium HFT buying pressure zone that was noted at 1.2826 and below. All bearish attempts were stopped there and GBP/USD closed Friday's trading day within the medium HFT buying pressure zone.
Today on GBP/USD:
Light HFT selling pressure noted at 1.2910 and above. Medium HFT selling pressure noted at 1.3082 and above. Strong HFT selling pressure can be seen today at 1.3253 and above.
Light HFT buying pressure noted at 1.2738 and below. Medium HFT buying pressure noted at 1.2566 and below. Strong HFT buying pressure can be seen today at 1.2395 and below.