| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Buy | Sell | Buy |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
The British Pound has been constrained by several patterns against the New Zealand Dollar. The most important of which is the five-month medium-scale triangle which was formed on December 5.
During the past two weeks, the currency pair has been trading between the upper boundary and the lower boundary of the medium-scale triangle. A resistance set by the weekly pivot point was restricting the exchange rate to make any upward movement.
In the four-hour time frame, technical indicators suggest that the currency exchange rate could decline further. While on the daily time frame, its indicate that bulls are likely to grow stronger.