The GBPSEK is one of the better looking GBP currencies with price trending well and currently going through a mini breather as opposed to a deep pullback such as the GBPCAD . Last month in March, price broke out of a period of consolidation that went back to December of last year and has since been trending very nicely. The emerging trend structure has so far...
as above
I'm really biased for a GBPSEK long in the coming months, but the downward retracement pressure is too great to ignore... tinier and tinier higher lows and progressive lower highs...
Hello Traders, Long opportunity GBPSEK R:R approx 1 to 1 Your refflections I highly honor. Thank you.
Hello Traders, Long long term for GBPSEK observed. I will be honored for your reflections on my thoughts for this analysis. Thank you.
Weekly HH, 4hr HH formed in consolidation. Worth the risk
EURGBP and GBPSEK are -97.5% correlated hence we should see a bit of a laterally inverted effect between the two, in which we do hence this can be further confirmation for the EURGBP rise.
BOE could cause a breakout tomorrow. Usually a harbinger pair
- Fundamentally based from the Swedish Terror attack over the weekend. - Technically, it has been riding the keltner channel for the past few days and its trading between the 50.00% and 61.85 Fib lines. - Estimated Profit Point: @ 11.2418 - Stop Loss @ 11.07
Hi traders, hope you're having a great weekend. GBPSEK is currently right at the breakout zone, and I am expecting breakout to the upside next week. Best regards, Tom_Killick
If point D is approved long position shark pattern min target: fib 50% typ target: fib 61.8%