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Strength on The GBPSEK?

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BRITISH POUND / SWEDISH KRONA (FX_IDC:GBPSEK)  
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FX_IDC:GBPSEK   BRITISH POUND / SWEDISH KRONA
Trend Analysis Support and Resistance Pivot Points GBPSEK ｆｘ Forex breakout pullback Technical Analysis
5
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trendanalysis supportandresistance pivotpoints gbpsek ｆｘ forex breakout pullback technicalanalysis
Last post: May 2nd. See chart.

Review: A possible breakout and a close above the resistance zone around the round number 12.0000 was on the horizon.

Update: Price failed to breakout and, instead, pulled back to the daily 50SMA.

Conclusion: Price is now showing strength again. A breakout above is still required.

Any comments or questions, do not hesitate to leave them below. Hit agree if you share our sentiments!

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