After a strong recovery from the April lows, UK100 has been trending upward, recently stalling just below the 8,912.17 resistance level. The price action is currently consolidating between the 8,809.57 support and the key resistance. The structure remains bullish overall, though the momentum has slightly weakened near the top.
Support at: 8,809.57 🔽 | 8,729.00 🔽 | 8,625.00 🔽
Resistance at: 8,912.17 🔼
🔎 Bias:
🔼 Bullish: A strong break and close above 8,912.17 could trigger a continuation toward fresh highs.
🔽 Bearish: A sustained drop below 8,809.57 and especially 8,729.00 may open downside moves toward 8,625.00 and 8,490.00.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Support at: 8,809.57 🔽 | 8,729.00 🔽 | 8,625.00 🔽
Resistance at: 8,912.17 🔼
🔎 Bias:
🔼 Bullish: A strong break and close above 8,912.17 could trigger a continuation toward fresh highs.
🔽 Bearish: A sustained drop below 8,809.57 and especially 8,729.00 may open downside moves toward 8,625.00 and 8,490.00.
📛 Disclaimer: This is not financial advice. Trade at your own risk.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.