The breakout of UK100 through the 7058.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of UK100 to test 7089.3501 within the next 22 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 7058.5000 numerous times, UK100 has finally broken through. Can we expect a bullish trend to follow?
