FX HFT Forecast: GBP/USD June 23, 2017
FX Trading Revolution | Jun 23, 2017 06:29AM ET
Currency pair GBP/USD was moving yesterday between the light HFT buying and the light HFT selling pressure zones, but didn't reach any of them.
Today on GBP/USD:
The market is under a strong buying pressure and GBP/USD already reached the light HFT selling pressure zone noted at 1.2697 and above as well as the medium HFT selling pressure zone noted at 1.2734 and above. Strong HFT selling pressure can be seen today at 1.2772 and above.
Light HFT buying pressure noted at 1.2659 and below. Medium HFT buying pressure noted at 1.2622 and below. Strong HFT buying pressure can be seen today at 1.2584 and below.
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