Trading Idea - GBP/SEK, 06-04-2021 | IFCM Hong Kong
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Trading Idea - GBP/SEK, 06-04-2021

Trading Idea - GBP/SEK, 06-04-2021

Trading Signal: GBPSEK

OrderSell
DirectionBearish
PatternSupport Line Test
IntervalDaily
Length (Candles)21

Idea Summary


Medium term GBPSEK forecast is bearish. The technical analysis of the GBPSEK chart in daily timeframe reveals the price is trading with upward bias. Currently however it is declining and about to test the support line. It is most likely the price will continue trading with bullish bias after reflecting off the support line.

Note:
This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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