UK100 is heading towards a line of 7311.5000. If this movement continues, we expect the price of UK100 to test 7311.5000 within the next 11 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.
UK100 is quickly approaching 7311.5000. We expect either a breakout through this line, or a rebound.
