UK100 Index approaches all-time high

Source: Dukascopy Bank SA


The UK top 100 stock index has continued to surge. Most recently, by the middle of April the index almost reached the all time high level zone at 7,700.00/7,740.00.

A decline from the resistance zone is expected to look for support in the 50-day simple moving average near 7,400.00 and the 200-day simple moving average at 7,300.00. Further below, note the trend line, which connects 2020, 2021 and 2022 low levels.

On the other hand, a surge above the all-time-high levels might encounter resistance at 7,800.00 and 8,000.00.
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Wed, 13 Apr 2022 09:52:06 GMT

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