| Indicator | 4H | 1D | 1W |
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Sell | Neutral |
| Stochastic(5;3;3) | Neutral | Sell | Sell |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇒ | ⇗ |
The British Pound has been appreciating against the Swiss Franc since the beginning of January when the currency pair reversed from the lower boundary of the long-term descending channel at 1.2350.
As apparent on the chart, the exchange rate has already reversed south from the upper channel line at 1.3325. From a theoretical point of view, bears are likely to prevail in the market within following sessions until the lower trend boundary is reached.
However, the pair has to surpass the support cluster formed by the 100– and 200-hour SMAs. If given support holds, it is likely that the pair re-tests the upper channel line. If given channel does not hold, a breakout north might occur in the nearest future.