| Indicator | 1D | 1W | 1MN |
| MACD (12; 26; 9) | Buy | Buy | Sell |
| RSI (14) | Sell | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Sell |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇘ |
The recent events in the UK monetary policy have strengthened the British Pound beyond most previous expectations. For example, the GBP/JPY currency exchange rate on Friday was located above the 150 mark.
However, by looking at the larger scale picture, it can be observed that the move could have been expected. The pair had recently bounced off the support of a dominant channel up pattern and begun its move higher, and it was set to reach above the 150 mark.
In regards to the future, the pair should still reach the resistance of the dominant channel. Afterwards a period of consolidation should begin.