UK100 12th MAY 2022Bullish potential on the OANDA: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