A Buying Opportunity on the UK FTSE

The UK FTSE has begun to break out of a consolidation movement

on the 4-hour timeframe, as shown on the chart.

With strong buying momentum, indicating the strength of buyers currently.

The index has been able to form strong demand zones on the same timeframe,

located at the 9246 level.

From there, it is expected to rise to the 9290, 9340, and 9400 levels.

Provided the recent low at 9183 is not broken.

In the event of a break and close below the recent low,

we may see a continued decline towards the next support levels,

located near the 9110 level.