| 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 | Buy | Buy |
| Aggregate | ⇘ | ⇒ | ⇒ |
The British Pound has been appreciating steadily against the Swiss Franc since mid-September. However, the pair has shown reluctance to move past the 1.35 mark—its highest level since the Brexit vote, thus failing to reach the upper channel boundary on two separate occasions within the last two months.
As a result, the rate has been constrained in a triangle-like formation between the aforementioned 1.35 mark and the bottom channel line. This situation allows to think that the Pound could edge lower until this channel line or the nearby-located weekly S1 at 1.3250 and 1.3265, respectively.
After that, the rate is expected pick up speed and approach the 1.35 area once again. However, it does face some noteworthy resistance levels along the way, such as the 200-hour SMA at 1.3360 and the combination of the 55– and 100-hour SMAs at 1.34.