| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇗ | ⇗ | ⇗ |
The EUR/GBP currency pair has been testing the upper boundary of the long-term ascending channel located circa 0.9065 since the beginning of December.
From a theoretical point of view, it is expected that the exchange rate reverses south from upper channel line in the nearest future. Important support level to look out for located at 0.8950.
However, given that the British Pound is being pressured by Brexit, it is likely that a breakout north occurs within following trading sessions. Potential upside target is the resistance cluster formed by a combination of the weekly and monthly R2s, as well the weekly and monthly R3s in the 0.9196/0.9321 range.