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UK100 may be on a start of a new bearish trend after its breakout through this important support level

The breakout of UK100 through the 7597.5000 price line is a breach of an important psychological price that is has tested numerous in the past. If this breakout persists, UK100 could test 7564.8501 within the next 16 hours. One should always be cautious before placing a trade, wait for confirmation of the breakout.

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