DNP-FX

UK100 12th MAY 2022

Long
OANDA:UK100GBP   UK 100
Bullish potential on the UK100GBP Daily Timeframe , The price have no power to breakout below the support area Aug 2019 - Jan 2020.

Last month UK100 was bearish to the diagonal trendline support, and returned to the horizontal resistance area . However, at the end of 2021 there was a bearish divergence signal. where the price is bullish but the flat indicator value tends to bearish .

UK100 4th APRIL 2022
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