| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Buy | Sell |
| Alligator (13; 8; 5) | Buy | Neutral | Buy |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇗ | ⇒ | ⇗ |
The Pound is squeezed in against the US Dollar. From a technical perspective the squeeze in can also be seen. From the upside the currency exchange rate is pressured by the resistance of the 200-period simple moving average, which is located just above the 1.29 mark. Meanwhile, from the downside the pair is having support provided by the lower trend line of a short term ascending channel pattern, which has a an almost vertical incline. It is most likely that the future outcome will be revealed by the outcome of the British election. The first possible scenario is a surge in accordance with the pattern to the upper trend line of a dominant channel. Second is a decline after failing to break the resistance.