SEKGBP trade ideas
GBP / SEK uptrendAbout Currency Pair GBP/SEK
GBPSEK | Forex | Minor
The British Pound (GBP, "Sterling", "Cable") is the 4th most traded currency in the world. The issuer is the Bank of England.
Is characterized by a relatively high value against other major currencies
Is often used as a reserve currency
The Swedish Krona (SEK) is a popular currency in European trades. The issuer is the Bank of Sweden.
38.2% & POSSIBLE 61.8% Retracement LONG GWAVE38.2% & POSSIBLE 61.8% Retracement LONG GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS.
GBP/SEKGBP/SEK target is been achieved as USD demand is low possible move for GBP/SEK waiting to long the market
38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE38.2% & POSSIBLE 61.8% Retracement SHORT GWAVE.
FIB Retracement Percentage is calculated in a Higher Cartesian and or Euclidean Dimension.
PLEASE ALWAYS WAIT FOR STOCHASTIC CONFIRMATION!!! THANKS.
GBPSEK, What do you think? Blue or Yellow?The GBPSEK global trend is bullish but the local trend is bearish.
How do you think? Can the price bounce off the bottom borders of these channels?
Thanks for sharing your thoughts under my ideas!
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Before to trade my ideas make your own analysis.
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Hit TPWe are hoping for GBP to crash to further support levels so we can buy it cheap and clear it off before easter holidays.
Rally?As shown.
This pair got me confused as a dodo in a bus. We need a breakout in 1h to see clearly.
PD.
dance as it moves
GBP/SEKTrade idea please do not take this as your trading guide we hold positions long term and also hedge against the positions. We are seeing a little more uncertainty in British Pound as we are heading towards next year due to brexit negotiations
GBPSEK: The short opportunity of the Golden Cross.The pair is trading within a strong long term Channel Up since October 2017 on the 1M (monthly) chart (RSI = 60.289, MACD = 0.143, Highs/Lows = 0.3378). It is currently testing the 12.6000 1W Resistance following a Golden Cross on the 1D chart.
This formation has delivered a roughly -4% drop on the past two occurences. Since the RSI topped at 80.000 which is always a sell zone on 1D, we are going short with TP = 12.2000 or once the 1D RSI touches 38.500.
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