UK100 is heading towards 7738.5000 and could reach this point within the next 8 days. It has tested this line numerous times in the past, and this time could be no different, ending in a rebound instead of a breakout. If the breakout doesn’t happen, we could see a retracement back down to current levels.
After testing 7738.5000 numerous times, UK100 is once again approaching this price point. Can we expect a bullish trend to follow?
