| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Buy | Buy |
| SAR(0.02;0.2) | Sell | Sell | Buy |
| Aggregate | ⇘ | ⇒ | ⇗ |
The UK100, which compiles the top 100 capitalized UK companies listed on the London Stock Exchange, has declined by 4.65% since this week's trading sessions. The FTSE 100 breached the 200– period simple moving average at 6916.58 on Thursday.
The GBR.IDX/GBP pair bounced off the weekly support level at 6828.40 during the Asian session on Friday. Most likely, buyers could pressure the price higher within this session.
However, the 50– period SMA at 7020.05 could provide resistance for the FTSE 100 index this week.