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HFT Forecast: GBP/USD — May 31, 2017

Published 05/31/2017, 05:46 AM
GBP/USD
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Currency pair GBP/USD reached yesterday the light HFT buying pressure zone that was noted at 1.2802 and below. GBP/USD reacted there incredibly accurately and more than 90 pips bullish move followed. Then GBP/USD reached the light HFT selling pressure zone that was noted at 1.2859 and above. All bullish attempts were stopped there, GBP/USD reacted there again incredibly accurately, more than 90 pips bearish move followed and provided very profitable trade opportunities. Then GBP/USD reached the light HFT buying pressure zone once more and reacted there with an unbelievable accuracy.
1-Hour GBP/USD

Today on GBP/USD:
The market already reached the light HFT buying pressure zone noted at 1.2804 and below. Medium HFT buying pressure noted at 1.2710 and below. Strong HFT buying pressure can be seen today at 1.2616 and below.
1-Hour GBP/USD

Light HFT selling pressure noted at 1.2899 and above. Medium HFT selling pressure noted at 1.2993 and above. Strong HFT selling pressure can be seen today at 1.3087 and above.

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