| Indicator | 4H | 1D | 1W |
|---|---|---|---|
| MACD(12;26;9) | Sell | Sell | Buy |
| RSI(14) | Neutral | Neutral | Neutral |
| Stochastic(5;3;3) | Neutral | Neutral | Neutral |
| Alligator(13;8;5) | Sell | Sell | Buy |
| SAR(0.02;0.2) | Sell | Buy | Sell |
| Aggregate | ⇘ | ⇒ | ⇒ |
The UK100, which compiles the top 100 capitalized UK companies listed on the London Stock Exchange, has declined by 2.31% since September 30. The FTSE 100 breached the 50– and 200– period SMAs this week.
All things being equal, the GBR.IDX/GBP pair lower during the following trading sessions. The potential target for sellers will be near the 6850.00 level.
However, given that the index has bounced off the weekly support level at 6975, bullish traders may pressure the price higher during the following trading sessions.