Daily HFT Trade Setup – EURGBP Trading Between HFT Buy & Sell Zones

The analysis of high frequency trading algorithms this morning shows that the EURGBP pair is trading sideways between the two light HFT zones in a quiet session today. The daily trading range so far is a mere 25 pips, while the two HFT zones are noted at the following levels:

• light HFT buying pressure zone at 0.8245 and below. 
• light HFT selling pressure zone at 0.831 and above.

Trading will stay light today and could extend into Monday next week as many traders are off for a prolonged holiday due to the Easter holidays.

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