| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The Pound continues to creep higher against the Japanese Yen by finding constant support in the lower trend line of the dominant channel up pattern.
However, there seems to be no active junior or medium term pattern. Instead it can be observed that there is a resistance line, which is almost parallel to the mentioned dominant support.
Regarding the short term outlook, it can be expected that the currency exchange rate will surge,. The rate should face the resistance of the weekly PP, if it gets pushed higher by the channel's support line.