UK 100 Index Sticks in Descending Triangle in 2023

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<p>UK 100 meets upper Bollinger band Price encounters upside pressure above triangle formation The UK 100 index a few weeks after the beginning of 2023 started a descending triangle formation with the top at 8,043 and a strong support level of 7,250. Currently, the price is standing above the falling trend line, after testing the upper Bollinger band [&#8230;]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/532787-uk-100-index-sticks-in-descending-triangle-in-2023/">UK 100 Index Sticks in Descending Triangle in 2023</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>