The leading index of the London Stock Exchange FTSE 100 has been correcting downwards to a long-term upward trend for the third month, forming a downward Triangle with a lower border at 8125.0 (Murrey level [4/8]).

On the four-hour chart, a Doji pattern is forming at the resistance level of 8288.3, ​​reflecting market uncertainty and warning of a downward price reversal. Three Black Crows and Bear Marubozu candlestick patterns are forming within 8288.3–8230.1, signaling the “bearish” pressure. 

The leading index of the London Stock Exchange FTSE 100 shows corrective dynamics at 8213.0, related to expectations of the outcome of the Bank of England monetary policy meeting today at 13:00 (GMT+2) and the ongoing correction in the bond market.