| Indicator | 1H | 4H | 1D |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
Although the headline states that the Pound is trading in an ascending channel pattern against the Japanese Yen, the rate is signaling that it is about to decline. The main indicator is the fact that the currency exchange rate has hit the upper trend line of a dominant descending channel pattern. Due to that reason it can be expected that in the upcoming trading sessions the channel up pattern will be broken. During the decline of the rate the weekly R1 at 146.57 and the channel down patterns resistance near the 146.60 mark will provide resistance. Meanwhile, the range down to the 145.83 level, where the monthly PP is located at, is free from any other support, as all of the SMAs are located below the monthly level of significance.