| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Buy | Sell |
| Alligator (13; 8; 5) | Sell | Sell | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
[ANNOUNCE]The Pound Sterling has continued to surge against the New Zealand Dollar since the last time the pair was reviewed. [/ANNOUNCE]However, there has been some negative development during this period.
The currency pair has been trading in a large-scale triangle after it hit the lower boundary on January 11. Also, the exchange rate has formed a new junior channel during this period.
Given that the GBP/NZD pair is currently trading sideways, traders should expect a breakout in either direction in near future. In addition, technical indicators favour a breakout south.