| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Buy | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The GBP/JPY pair represents the relationship between the safety of Japan and the turmoil of the United Kingdom. Most recently the turmoil has returned, which has resulted in a medium scale descending channel pattern. Moreover, in the borders of the pattern another channel down pattern has formed, which represents the bounce off from the dominant pattern's upper trend line in a combination with the 200- period SMA at the 144 mark. The rate is soon to reach the lower trend line of the medium term pattern. There are two possible scenarios. A breaking of the dominant pattern or a rebound. Market participants can use this to trade the UK election by choosing a Tory victory or defeat.