UK100 has broken through a line of 6947.0000 and suggests a possible movement to 6924.5498 within the next 8 hours. It has tested this line numerous times in the past, so one should probably wait for a confirmation of this breakout before placing a trade. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 4 days.
Big movement expected on UK100 after a breach of 6947.0000
