| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇓ | ⇗ | ⇗ |
The Pound has broken the upper trend line of a medium scale channel down pattern against the Japanese Yen. This move was expected, as the currency exchange rate is trading in a larger channel up pattern.
Meanwhile, it has become most relevant to watch a recently discovered channel up pattern, which is set to guide the currency exchange rate higher.
In the short term the currency pair is set to face the resistance of the 55–period SMA and the weekly PP. Both of these resistance levels are located, namely, at 151.49 and 151.69 levels.