FTSE 100
NeutralArchived analysis from Aug 20, 2026, 8:36 PM
Key insight
10,800 round-number ceiling unbroken after three sessions of attempts — a daily close above it opens 10,950 (2026 swing high); failure keeps 10,550 200-day MA in play as magnet.
Holds 10,737 but stalls below the 10,800 round-number resistance; flat European tape with DAX -0.2% and CAC -0.2% confirms broad consolidation, not a directional break.
Main risk
GBP/USD strength at 1.3629
Sterling at 1.3629 compresses FTSE's large-cap dollar earners; every 1% GBP gain cuts ~0.6% from index EPS estimates.
With Pro
Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.
Get the app→