UK100 is heading towards 7546.5000 and could reach this point within the next 12 hours. 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 7546.5000 numerous times, UK100 is once again approaching this price point. Can we expect a bearish trend to follow?
