| Indicator | 1D | 1W | 1M |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Sell | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Buy |
| Aggregate | ⇒ | ⇘ | ⇒ |
The British Pound is trading against the New Zealand Dollar in a figure that most likely reminds double bottom. The reason behind such assumption is the fact that the pattern started to form after a 7% fall of the currency exchange rate in the end of May. At the moment, the pair made two rebounds from the 1.7845 and 1.7438 levels. If the above assumption is true, during this week the pair has to make a breakout in the northern direction. However, if in the upcoming days it fails to use an upside momentum provided by the 200-hour SMA near 1.7752, this might be a sign of an existence of a triple bottom formation. Unfortunately, market sentiment does not provide any distinctive signals, as only 53% of traders hold short positions.