FTSE 100
BullishArchived analysis from Oct 26, 2026, 2:22 PM
Key insight
10,765 holds above prior 2024 high at ~10,700; sustained close above 10,800 resistance confirms breakout. Oil at $100.6 supports FTSE's heavy energy weighting. GBP/USD flat at 1.3307 removes FX headwind for now.
10,765 clears the 2024 closing high near 10,700 — first confirmed monthly close above that ceiling would open the 11,000 round-number target with DAX and CAC providing positive European breadth.
Main risk
Oil reversal crushing energy sector
Oil -1.0% to $100.6; FTSE energy names (Shell, BP ~30% index weight) drop sharply if crude breaks below $97 support.
With Pro
Levels, scenarios & outlook are only available in the app — for all analyses, including archived ones.
Get the app→