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Breach of resistance could mean a start of a bullish trend on UK100

UK100 has broken through a resistance line of a Channel Down chart pattern. If this breakout holds true, we expect the price of UK100 to test 7198.6289 within the next 18 hours. But don’t be so quick to trade, it has tested this line in the past, so you should probably confirm the breakout before placing any trades.

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After testing 0.9895 numerous times, USD/CHF is once again approaching this price point. Can we expect a bearish trend to follow?

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We expect BR to trend downwards today with a 66.67% chance.

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