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Important support line being approached by UK100. This price has been tested numerous time in the last 15 days

UK100 is moving towards the support line of a Descending Triangle which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage it isn’t clear whether it will breach this line or rebound as it did before. If UK100 continues in its current trajectory, we can expect it to reach 7007.5000 within the next 3 days.

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GBP/USD is quickly approaching 1.2183. We expect either a breakout through this line, or a rebound.

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Important resistance line being approached by Merck & Co. Inc.. This price has been tested numerous time in the last 48 days

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