Post date: 2023-11-21 14:37:23 GMT
High Frequency Traders Seize an Opportunity in GBP/USD Exchange Rate.
At 09:37, the GBP/USD exchange rate was largely unaffected by institutional investors but HFTs saw an opportunity to take advantage of the current market conditions and initiated net buying.
Institutional flows in GBP/USD were weakly positively trending. On average, net institutional flows were 0.0% for the day.