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Can the bulls defend 10390 | 10315 below | 10484 10504 resistance

Nick@ht-admin
#1 · 5th February 2026, 10:32 am

Technical analysis for 5th February 2026

The FTSE100 bulls fought back well yesterday with another strong showing and crucially broke above the 10420 level - which now means 10500 is the next major hurdle. A break above this will likely see the bulls continue to push on, though we may well be on for some consolidation today. We also have the BoE with an expected hold on rates at 1200.

https://www.hilsdentrading.com/can-the-bulls-defend-10390-10315-below-10484-10504-resistance

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Last edited on 5th February 2026, 10:34 am by Nick