| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Sell |
| Stochastic (5; 3) | Neutral | Sell | Buy |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
Recently the Pound rebounded against a support line of a long term channel up pattern against the New Zealand Dollar. However, the resulting surge has already stopped, as it has met a junior resistance.
Although, the resistance is not a part of a pattern. Instead the resistance, which forced the pair lower, was represented by a trend line. The trend line can be drawn by connecting the mid-November high levels.
Meanwhile, it can be observed that the trend line is most likely going to be broken due to various reasons. Above all is the dominant trend up. However, the 55-period SMA is the one, which seems to be going to provide the necessary push for the breaking of the mentioned resistance line.