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All change at no 10 | 8265 8308 resistance | 8247 8207 support | NFP Friday

#1 · 5th July 2024, 10:45 am

Technical analysis for FTSE 100 for 5th July 2024

So in no surprise to anyone it was a Labour landslide as the political landscape in the UK changes again with a lurch to the left. Just as Europe in on the cusp of lurching to the right. The markets have been fairly unaffected so far with it all mostly priced in while the pound has remained firm as well as results have come in.

Initial resistance today is at the 8265 level and the bulls will be looking to break above this for a push up towards the 8310 are where we have the key fib and the R1 for resistance.

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