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Support line breached by UK100. This price has been tested at least twice before.

UK100 has broken through the support line which it has tested twice in the past. We have seen it retrace from this position before, so one should wait for confirmation of the breakout before trading. If this new trend persists, a target line of around 5863.8125 can be expected within the next 5 days.

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We expect GF to trend upwards today.

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Breach of support could mean a start of a bearish trend on Light Sweet Crude Oil OCTOBER 2020

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