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Breach of support could mean a start of a bearish trend on UK100

UK100 has broken through a support line of a Pennant chart pattern. If this breakout holds true, we expect the price of UK100 to test 6940.1827 within the next 9 days. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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GBP/JPY Target Level: 133.3500

GBP/JPY Target Level: 133.3500

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Be very careful of upcoming volatility. We expect a $130.774 movement on LE.

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