Strength on The GBPSEK?
BRITISH POUND / SWEDISH KRONA FX_IDC:GBPSEK
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.
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