The GBPSEK pair succeeded to surpass the bullish channel’s resistance at 12.6025 recently, to move into new bullish track and notice recording the additional targets by touching 12.6625.
The support line formed after breaching the previous resistance allows us to suggest more bullish attempts, expecting to move towards 2.6920 soon, followed by reaching 12.7310 resistance.
The expected trading range for today is between 12.6250 and 12.6920
The expected trend for today: Bullish