Captain_Walker
Long

GBPSEK: GET READY - REVERSAL PATTERNS

FX_IDC:GBPSEK   BRITISH POUND / SWEDISH KRONA
These two are called reversal patterns on GBPSEK . It is about the shape of the pattern. This is experience-based knowledge. This does not mean the most recent pattern is bound to reverse. This is not a prediction. It is a probability estimate.

GBPSEK is a very volatile instrument which is much avoided. How strange cuz volatility is needed to make profits (and controlled losses).
Comment:
Note that a downward adjustment to March 2019 total nonfarm employment of -501,000 was made! See here at US Department of Labour Statistics https://www.bls.gov/web/empsit/cesprelbmk.htm Get real news, not fake news!
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