| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral |
| SAR (0.02; 0.2) | Buy | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
A downtrend line has guided the Pound Sterling movement against the New Zealand Dollar. The currency pair made a U-turn south after hitting the upper border of the trendline on July 13.
During the past few days, a resistance cluster formed by the combination of the 50-and 100-hour SMAs and the weekly pivot point at 1.9297 has provided a steep resistance for the pair.
Everything being equal, it is likely that the GBP/NZD currency exchange rate continue moving down during the following trading session for a potential target near the weekly S1 at the 1.9140 mark.