UK100 has broken through a line of 7484.5000 and suggests a possible movement to 7389.5000 within the next 2 days. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 8 days.
Big movement possible on UK100 after a breach of 7484.5000
