| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Sell | Sell | Sell |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇒ | ⇘ | ⇒ |
The British Pound has appreciated about 4.99% against the Japanese Yen since the pair reversed from July 2017 low at 132.89. The rate breached the 50-hour simple moving average at 138.03 on January 8.
As for the near future, it is expected that the currency pair continues to gain strength during the following trading sessions.
The GBP/JPY currency exchange rate will target a strong resistance cluster formed by the combination of the 200-hour SMA, the monthly and the weekly pivot points at 141.71 next week.