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Daily HFT Trade Setup – EURGBP Approaching HFT Buying Area

Daily HFT Trade Setup – EURGBP Approaching HFT Buying Area

Analysis of today's activity of HFT algorithms in the Fx market shows that the EURGBP pair may provide buying opportunities in the day-trading session.

For instance, the light HFT buying pressure zone is noted today at 0.8544 and below. EURGBP is now moving lower and is approaching this area. EURGBP bulls will be looking for potential reversal signals that will help them confirm potential buy trades.

To the upside, the light HFT selling pressure zone is today located at 0.8624 and above. 

Don't Miss: Stay on top of the game by reading our Weekly Forex Forecast of EUR/USD, GBP/USD, USD/JPY (Fundamentals + Technicals)

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