BUY UK100 – 10488.1

UK100

Trade ID: uk100buy1771325600776 | Execution: 706170
Status
WON
Direction
BUY
Entry Price
10488.1
Targets Hit
3 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
10488.1
0
Filled
Feb 17, 2026 10:53 AM
Stop Loss
10458.1
30
Not Hit
-
Take Profit 1
10512.1
24
HIT
2026-02-17 11:29:00
Take Profit 2
10533.1
45
HIT
2026-02-17 15:02:00
Take Profit 3
10563.1
75
HIT
2026-02-17 16:36:00

Trade Analysis

Strategy & Reasoning
Strategy
Breakout
Reason
The UK100 is filling a bullish gap on the H4 chart with strong multi‑timeframe support and high volume, while fundamentals for the pound are supportive ahead of UK inflation and potential monetary easing, making a buy at 10488.1 attractive.
Details

Technical analysis shows a clear gap‑fill on the H4 timeframe, reinforced by a multi‑timeframe bullish bias (higher‑timeframe uptrend, H4 probability 69%) and a very good entry score of 78. Volume is elevated, confirming buying pressure, and the price is respecting the structural support at 10458.1, which is used for the stop‑loss. On the fundamental side, the GBP is underpinned by neutral‑to‑bullish sentiment as markets await UK inflation and employment figures that could prompt a BoE rate cut, while global risk‑off dynamics from US‑Iran talks are easing, supporting risk assets. This confluence of a high‑probability technical setup and supportive macro backdrop justifies the long position with tiered profit targets at 10512.1, 10533.1 and 10563.1.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
MTF bullish alignment with H4 probability 69%, gap‑fill pattern, entry score 78, high volume, support at 10458.1 and resistance targets at 10512‑10563
Fundamental Sentiment
Neutral to slightly bullish for GBP driven by upcoming UK inflation and jobs data, possible BoE rate cut and global risk‑off easing
Confidence Score
78
Trade Conviction
High
Reasoning Completeness
High
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