| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Neutral | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
[ANNOUNCE]The British Pound has been trading in a five-month descending channel against the Swiss Franc. This descending channel pattern has guided the currency pair towards September 2017 low level at 1.2467.[/ANNOUNCE]
The exchange rate reversed from this low mark on September 7. Currently, the pair is stranded between a resistance cluster formed by the combination of the weekly and the monthly PPs at 1.2727.
If this resistance cluster holds, the currency exchange rate could target a support level at 1.2613.
However, given that the three SMAs have fallen below the price, it looks like the pair might dash through the resistance cluster as mentioned above.