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GBPSEK: Channel Up on 1W. Long term Buy opportunity.

Long
BRITISH POUND / SWEDISH KRONA (FX_IDC:GBPSEK)  
InvestingScope  
FX_IDC:GBPSEK   BRITISH POUND / SWEDISH KRONA
Trend Analysis Chart Patterns Technical Indicators GBPSEK GBP SEK britishpound swedishkrona Forex currency Currencies
5
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trendanalysis chartpattern indicator gbpsek gbp sek britishpound swedishkrona forex currency currencies
The pair is trading within a 1W Channel Up (RSI = 71.320, MACD = 0.168, Highs/Lows = 0.2551) since the start of the year. Recently a new aggressive bullish leg has been initiated on 1D (RSI = 70.181) which aims at a new Higher High for the Channel within 13.2000 - 13.3000. Note that the very same 1W Channel Up was traded from September 2017 - April 2018.






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