HFT Signals: GBP/USD May 16, 2017
FX Trading Revolution | May 16, 2017 05:14AM ET
Currency pair GBP/USD reached yesterday the light HFT selling pressure zone that was noted at 1.2908 and above. All bullish attempts were stopped within the light HFT selling pressure zone, more than 50 pips downside 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 1.2928 and above. Medium HFT selling pressure noted at 1.2988 and above. Strong HFT selling pressure can be seen today at 1.3049 and above.
Light HFT buying pressure noted at 1.2868 and below. Medium HFT buying pressure noted at 1.2808 and below. Strong HFT buying pressure can be seen today at 1.2747 and below.
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