GBP/SEK: reflects the rate of the pound to the Swedish crown. Both countries have strong economies. Sweden is rich with natural resources: iron, copper, titanium, zinc, other metals, timber. All these resources are actively exported. Service sector and industry are among the most flourishing spheres in the UK economy. Major service sector fields in the UK are financial services, software development, brokerage and consulting services.
Due to both countries having stable economies, the pair GBP/SEK rarely experiences sharp price swings. Creating a trading forecast for this pair is not difficult even for a beginner, however, it’s important to be careful with news trading or during the Brexit period.
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