| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Neutral | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇗ | ⇒ |
[ANNOUNCE]The EUR/GBP pair is up for another review. However, nothing has changed much on the charts.[/ANNOUNCE] Due to that reason this review concentrates more on the events in the borders of the previously drawn patterns.
The pair recently reached the upper trend line of a dominant channel down pattern. The move was expected and it resulted in a bounce off, that has guided the pair lower. Most recently the currency exchange rate reached the combined support of the weekly R1 and the 200-period SMA near the 0.89 mark.
In the short term it can be expected that the pair will rebound and move for the resistance cluster near the 0.8940 level.