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Important price line being approached by UK100. This price has been tested numerous times before.

UK100 is moving towards a line of 6182.0000 which it has tested numerous times in the past. We have seen it retrace from this positions in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If UK100 continues in its current trajectory, we can expect it to reach 6182.0000 within the next 2 days.

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We expect a 300 pip movement on KC within 4 hours following the event release.

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