| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Neutral |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral |
| SAR (0.02; 0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇘ | ⇒ |
During the recent trading sessions the pair has bounced off a resistance of the upper trend line of a medium term channel down pattern, which previously forced the Pound against the Yen through a dominant support level.
However, the resulting decline was stopped by the most junior pattern's support together with the 55 and 100-period SMAs. Due to that reason the pair is set to face the resistance of the weekly PP and get squeezed in before a breakout. A breakout should occur to the downside, if the dominant pattern holds its ground.