| Indicator | 4H | 1D | 1W |
| MACD (12; 26; 9) | Sell | Sell | Buy |
| RSI (14) | Neutral | Neutral | Neutral |
| Stochastic (5; 3) | Sell | Buy | Sell |
| Alligator (13; 8; 5) | Neutral | Sell | Neutral |
| SAR (0.02; 0.2) | Buy | Sell | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
The common European currency recently hit a support medium support level against the Pound. The event resulted in a surge, which has been stopped by a cluster of resistance near the 0.8850 mark.
It can be expected that the Pound will surge eventually. The reason for that is the fact that the pair has hit a more dominant resistance level, which indicates that a decline should result in the formation of a new medium scale pattern.
However, that will occur only as the now active medium pattern is broken.