Signal UK100 Sell — H4 - June 26, 2026 18:58 GMT-4
The FTSE 100 index (UK) on H4 timeframe shows a clear downtrend with consecutive lower closes and diminishing bullish momentum. Recent candles have formed a descending pattern, with key resistance at 10513.65 failing to hold as prices retreat toward the 10450-10430 range. The last three candles exhibit declining highs and lows, with volume spikes (e.g., 10k+ in the final candle) validating the bearish bias. A critical support level at 10430-10423 has been tested multiple times, yet prices remain above it, suggesting potential for further consolidation. However, the recent close near 10452.25 indicates weakening buying pressure, and the broader context of…