The breakout of UK100 through the 5847.0000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, we expect the price of UK100 to test 5815.6499 within the next 7 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout before putting any money down.
After testing 5847.0000 numerous times, UK100 has finally broken through. Can we expect a bearish trend to follow?
