| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Buy | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇘ |
The bullish momentum which dominated the GBP/JPY currency pair since early July has resulted in the pair to revealed a new junior ascending pattern. This channel has guided the rate higher toward the upper boundary of a medium-term uptrend channel.
The exchange rate bounced off the lower boundary of the medium-term ascending pattern where the monthly and the weekly support level near 144.14 is located and began moving upwards. However, the rate has encountered a resistance formed by the aforementioned up border.
Everything being equal, it is expected that the currency exchange rate continues moving to the upside in the short term.