GB 100 Technical Analysis | GB 100 Trading: 2025-04-04 | IFCM UK
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GB 100 Technical Analysis - GB 100 Trading: 2025-04-04

GB 100 Index Technical Analysis Summary

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Strong SellSellNeutralBuyStrong Buy

Above 8447.01

Buy Stop

Below 8615.39

Stop Loss

Ara Zohrabian
Ara Zohrabian
Senior Analytical Expert
Articles2695
IndicatorSignal
RSI Buy
MACD Sell
Donchian Channel Sell
MA(200) Sell
Fractals Sell
Parabolic SAR Sell

GB 100 Index Chart Analysis

GB 100 Index Chart Analysis

GB 100 Index Technical Analysis

The GB100 technical analysis of the price chart on 4-hour timeframe shows GB100,H4 is declining under 200-period moving average MA(200) after returning below MA(200) a week ago. We believe the bearish momentum will continue after the price breaches below the lower boundary of Donchian channel at 8447.01. A level below this can be used as an entry point for placing a pending order to sell. The stop loss can be placed above 8615.39. After placing the order, the stop loss is to be moved every day to the next fractal high indicator, following Parabolic signals. Thus, we are changing the expected profit/loss ratio to the breakeven point. If the price meets the stop loss level (8615.39) without reaching the order (8447.01), we recommend cancelling the order: the market has undergone internal changes which were not taken into account

Fundamental Analysis of Indices - GB 100 Index

UK Service PMI was revised down. Will the GB100 retreating continue?

Latest UK economic data were soft. The SP Global UK Composite PMI final reading was revised down from the preliminary estimate of 52.0 to 51.5 in March, still above February’s 50.5. The reading signaled the UK private sector activity grew at fastest rate since October 2024, driven by acceleration in growth in services sector. Business activity in services sector gained momentum due to a slight rebound in new work and export orders. In contrast, manufacturing sector activity contracted sharply as new orders declined for the fourth consecutive month. Employment remained weak both in services and manufacturing sectors. Slower than estimated UK private sector activity expansion is bearish for GB100.

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This overview has an informative and tutorial character and is published for free. All the data, included in the overview, are received from public sources, recognized as more or less reliable. Moreover, there is no guarantee that the indicated information is full and precise. Overviews are not updated. The whole information in each overview, including opinion, indicators, charts and anything else, is provided only for familiarization purposes and is not financial advice or а recommendation. The whole text and its any part, as well as the charts cannot be considered as an offer to make a deal with any asset. IFC Markets and its employees under any circumstances are not liable for any action taken by someone else during or after reading the overview.

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