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Bulls need to defend 7600 | 7645 7726 resistance | 7551 7500 support

 

FTSE 100 technical analysis for 20th July 2023

FTSE 100 Technical Analysis - The FTSE 100 closed up 1.8pc to 7,588.20, while the FTSE 250 midcap index has ended 3.78pc higher at 19,322.52.

The pound has fallen by its largest margin since March after inflation declined more than economists expected. Sterling has dropped 1pc toward $1.29 after hitting 15-month highs of more than $1.31 last Thursday.

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