| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Buy | Sell | Sell |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Neutral | Neutral | Neutral |
| Alligator (13; 8; 5) | Buy | Neutral | Sell |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇗ | ⇘ | ⇘ |
The British Pound has been trading in a five-month descending channel against the Swiss Franc. This descending channel pattern has guided the currency pair towards September 2017 low level at 1.2467.
The exchange rate reversed from this low mark on September 7. Currently, the pair is stranded between a resistance cluster formed by the combination of the weekly and the monthly PPs at 1.2727.
If this resistance cluster holds, the currency exchange rate could target a support level at 1.2613.
However, given that the three SMAs have fallen below the price, it looks like the pair might dash through the resistance cluster as mentioned above.