Analysis of the British FTSE index with a forecast for the next move.

The British FTSE has breached previous supply areas,

which has led to a continued upward trend, as seen on the chart.

Currently, the index is approaching key supply areas,

which are also very strong resistance areas on the daily and weekly time frames.

We currently have two expected scenarios.

The first scenario:

A rebound from the indicated supply areas and a decline, but with the condition that

the uptrend is broken and a close below it.

A decline is expected toward the targets specified on the chart.

The second scenario:

A continued rise, which is also expected provided the supply areas are breached,

and a close above them with a full-day candle on the daily time frame.

An upward trend is expected after the target is breached.

In any case, this is merely a technical perspective, and please

pay attention to capital management.