| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
[ANNOUNCE]The British Pound has surged by 3.03% against the Japanese Yen since the middle of August. The exchange rate tested the upper boundary of an ascending channel pattern at 142.50 on August 31.[/ANNOUNCE]
As for the near future, the currency pair could continue to edge higher. A breakout through the upper boundary of an ascending channel pattern could occur during the following trading sessions.
On the other hand, the currency exchange rate could make a brief retracement towards a support cluster at 140.45 within this week's trading sessions.