On the H4 chart of UK100 the price has been consolidating above the 10450 level since early July, forming a bullish ascending channel. The most recent candles show higher lows, with the last bar closing near the upper edge of the channel at 10514, while volume has risen steadily, confirming buying pressure. The 10470–10480 zone now acts as a strong support, having held three times without breach, and the 10520–10530 area appears as the next resistance cluster. Momentum indicators align with the upward bias, and the broader Asian‑European session window has provided consistent demand. A break above the channel’s upper…

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