#uk100

The FTSE 100 (UK100) continues to trade near a key technical inflection point as investors assess whether the recent recovery rally can extend further. The index is holding around 10,304, positioned directly on the 0.382 Fibonacci retracement level at 10,310 after rebounding from March lows near 9,670. Technical indicators show a battle between buyers and sellers, with the 20-day and 50-day EMAs converging around 10,370–10,393, creating a major resistance zone. A breakout above this cluster could open the door toward 10,455 and eventually the February high near 10,698. Conversely, failure to hold above 10,310 may trigger a pullback toward support levels at 10,184 and 10,062. Traders are closely monitoring price action for confirmation of the next directional move.

UK100 Lot Size Calculator is a calculator in Forex that gives you a value of a lot you open with a trade defined by you with the acceptable risk and trading account size. This means you can define how much money you are willing to risk per trade. And to do that you define risk which is the number of pips also known as Stop Loss.

The UK100 pip calculator in Forex represents a Forex calculator that calculates the value of a UK100 pip in the currency you want by defining following values:

number of pips lot size used currency pair deposit currency

UK stocks traded high on Thursday at 7 am GMT, bolstered by the earnings season on Wall Street, and driven by UK's surge in metals companies led by Rio Tinto, Anglo American, and BHP.

On the other hand, the greenback hit its lowest in 4 weeks as Fed’s dovish message weighed on it. The dollar index, plummeted to the lowest since March 18 at 91.559.

As suggested by today’s chart, FTSE 100 will continue its uptrend with a buy range of 6,902 to 6,885, support of 6,890, and a resistance of 7,350.

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