According to my technical analysis, the FTSE 100 has been moving within a well-defined bullish channel since April 2025. The price structure continues to show higher highs and higher lows, confirming sustained buying pressure and a strong uptrend.
As long as the index remains within this rising channel, the bullish momentum is likely to persist toward the £10,000 level. Based on the current trajectory, this target could be reached in the coming months or by the end of 2025.
As long as the index remains within this rising channel, the bullish momentum is likely to persist toward the £10,000 level. Based on the current trajectory, this target could be reached in the coming months or by the end of 2025.
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