UK100 is heading towards a line of 7204.5000. If this movement continues, the price of UK100 could test 7204.5000 within the next 11 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding.
UK100 is quickly approaching 7204.5000. We expect either a breakout through this line, or a rebound.
