| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Buy | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Buy |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇘ | ⇘ |
The British Pound has been depreciating against the New Zealand Dollar since the beginning of October after the exchange rate pulled back from the upper boundary of a dominant ascending channel at 2.0600.
The currency pair was trading near the bottom border of the channel pattern at 1.8784 during the morning hours of Thursday's trading session.
Technical indicators demonstrate that the decline for the GBP/NZD pair could continue within this session.
However, a support level formed by the monthly S2 at 1.8662 might hinder the currency exchange rate from falling today.