| 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 | Neutral |
| SAR (0.02; 0.2) | Buy | Buy | Sell |
| Aggregate | ⇗ | ⇗ | ⇒ |
After reaching the monthly pivot point at 1.3459 on January 23, the British Pound began to depreciate substantially against the Swiss Franc during the following weeks.
As a result, the currency pair made a U-turn from the lower boundary of a junior channel on March 2 and has formed a new channel up. This pattern is unlikely to hold, as the Sterling had breached the lower line.
As for near future, the exchange rate could make a retracement south and this decline is likely to encounter a support cluster set by the weekly and the monthly PPs with the combination of the 55-, 100, and the 200 –hour SMAs near 1.3069.