| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Sell |
| Alligator(13;8;5) | Neutral | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
[ANNOUNCE]The British Pound has surged by 1.89% against the Japanese Yen since January 19. The currency pair tested the upper boundary of an ascending channel pattern at 144.00 during this week's trading sessions.[/ANNOUNCE]
As for the near future, the exchange rate could continue to trend bullish. A breakout through the upper line of an ascending channel pattern could occur during this week's trading sessions.
However, if the channel pattern holds, the currency exchange rate will make a pullback towards the 141.50 area during the following trading sessions.