Signal UK100 Buy — H1 - June 21, 2026 19:52 GMT-4
The FTSE 100 index (UK100) on H1 timeframe shows a bullish setup emerging from a consolidation phase. Recent candles exhibit lower highs and higher lows, with the price closing above key support at 10381.75 and forming a bullish engulfing pattern near the 10441.45 high. Volume spikes in the last few hours (e.g., 2391, 1327) confirm buying interest, aligning with the break above the consolidation range. The close at 10441.45 suggests a potential reversal from a downtrend, with momentum indicators favoring upward movement. The current structure indicates a strong base building, and the price is poised to test the prior high…