| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Buy | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Sell | Sell |
| Alligator (13; 8; 5) | Sell | Buy | Buy |
| SAR (0.02; 0.2) | Sell | Sell | Buy |
| Aggregate | ⇒ | ⇒ | ⇒ |
As it was expected the Pound bounced off the resistance of the dominant ascending channel pattern against the Swiss Franc. Moreover, recently a descending channel was spotted, which is set to guide the currency pair down to the 1.29 mark.
However, on its way the rate is still set to encounter the support of the 200– period simple moving average near 1.3010, the weekly S2 at 1.2974 and the combined support of the weekly S3 and monthly S1 at the 1.2915 mark.