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GBPSEK: Target hit. Short on High/ Resistance.

Short
British Pound / Swedish Krona (FOREXCOM:GBPSEK)  
InvestingScope  
FOREXCOM:GBPSEK   British Pound / Swedish Krona
Trend Analysis Chart Patterns Technical Indicators GBPSEK GBP SEK britishpound swedishkrona Forex Currencies currency
11
0
trendanalysis chartpattern indicator gbpsek gbp sek britishpound swedishkrona forex currencies currency
TP = 11.7644 hit as the 11.4900 1W Support held, pushing the price to a new High. GBPSEK has now priced an even Higher High on this curve pattern, near the 12.1519 Resistance. 1W STOCH = 44.256 and the marginal Highs/Lows = 0.1156 suggest that a gap lower exists. Trade accordingly towards the two support levels.
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