Forecast as on Feb 25th 2015 which is trading near the range of 12.88670 current prices. This pair has a resistance around 13.02400. We look to take a sell positions in the pair around the cmp of 12.88700 till 12.91950. We expect the price target for the same dropping till the levels of 12.75200 in quick session. This pair has another resistance near the range of 12.97250 which can also be used to make more sell if we get that area. In near term GBPSEK
does not look like it shall stay above 13.02400 on closing basis. Trade with care with all this resistance in mind.
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