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We are analyzing Forex high frequency trading and note that the GBPUSD pair could provide trade setups from the short side in today's session.
For instance, GBPUSD has already reached the light HFT selling pressure zone that is noted today at 1.3151 and above.
The initial price reaction is showing selling interest is evident here already, though a high-conviction bearish signal is yet to appear.
The light HFT buying pressure zone is located at 1.3042 and below.
Don't Miss: Stay on top of the game by reading our Weekly Forex Forecast of EUR/USD, GBP/USD, USD/JPY (Fundamentals + Technicals)
