Signal UK100 Buy — H1 - May 17, 2026 22:07 GMT-4
The FTSE 100 index, or UK100, has been trading within a well-defined uptrend on the H1 chart since the recent low. The price action has been characterized by higher highs and higher lows, indicating a strong bullish momentum. The recent candles have formed a series of higher highs and higher lows, with a significant increase in volume, which suggests that the buying pressure is increasing. The price has also broken above the 10250 resistance level, which was previously a strong barrier to the upside. Given the strong momentum and the break above the key resistance level, we believe that the…