The GBPSEK pair continued to form strong bullish trades to notice its stability above 12.6920 level that forms good support line against the bullish trades, to increase the chances of resuming the bullish attack until recording the positive targets at 12.7710 followed by 12.8215.
The moving average 55 positive rally and its stability below the current price support our bullish overview, to increase the chances of gathering the additional positive momentum to ease the mission of reaching the previously suggested targets.
The expected trading range for today is between 12.6920 and 12.7710
The expected trend for today: Bullish