| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Buy | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇒ | ⇒ | ⇒ |
The situation on the charts of the GBP/JPY pair has been fully reviewed. There are a few notable facts to describe.
First of all, the pair has revealed a new large scale pattern. Namely, a dominant long term ascending channel pattern, which can be best observed and drawn on the daily chart.
Secondly, a medium scale pattern has been drawn, which is guiding the rate in the borders of the larger pattern.
In regards to the near term future, the rate is set to trade near the 145.00 mark until it finds support in the monthly S1 and the lower trend line of the dominant pattern.