FTSE 100 is moving towards a line of 8262.3604 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If FTSE 100 continues in its current trajectory, we may see it move towards 8262.3604 within the next 23 hours.
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