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FTSE 100 - Daily

FTSE100 - Chart data IG

By Minipip
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The FTSE continues to trade within its symmetrical triangle pattern with a possible upside breakout coming soon as the market looks to test the highs.

The FTSE continues to trade within its symmetrical triangle pattern with a possible upside breakout coming soon as the market looks to test the highs. Risk appetite remains strong and this can be seen across all markets. Looking more in-depth at the FTSE minor resistance for the index sits at 7,670 with a break above here a further move towards 7,732 followed by 7,813 could seem feasible. A breakdown below 7,550 could see the index drop towards 7,450.

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