| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Buy | Buy | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Buy | Buy | Buy |
| SAR(0.02;0.2) | Sell | Buy | Buy |
| Aggregate | ⇒ | ⇗ | ⇗ |
The UK100, which measures the best 100 performing shares from the London Stock Exchange, has surged by 5.58% since December 21. The index tested the 6650.4 level on December 29.
As for the near future, the GBR.IDX/GBP pair could continue to trend bullish during the following trading sessions. The possible target for bulls would be near the 6800.0 area.
However, the weekly resistance level at 6711.7 could provide resistance for bullish traders within this week's trading sessions.