| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Buy | Buy | Buy |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇒ |
The GBP/NZD exchange rate has been bounded by the ascending channel since it touched the lower boundary of the junior channel at 1.8624.
After reaching the 38.20% Fibonacci retracement level, the pair made a U-turn north to test the Weekly R1 at 1.9478. The retracement can be measured by the low at 1.8624 and the high at 1.9467.
Furthermore, since the pair has breached the previously drawn pattern in the middle of January, the Sterling could continue moving upwards until it meet resistance at the weekly pivot point at 1.9478 .