The overall trend is upward. The currency pair is trading in the range of 365 and 135 moving averages. The descending pattern of the H2 level is truncated. Awesome Oscillator shows a bullish divergence.
GBPSEK rate online: monitor the price movement in real time.
Trading idea:
Buy when an ascending wave pattern is formed, where the wave (A) breaks through the inclined channel of the descending truncated pattern.
Stop Loss: 11.2954.
Target levels: 11.4144; 11.4672.