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Bulls will want to defend 7500 | 7480 7438 support | 7538 7561 7590 resistance
#1 · 4th December 2023, 10:03 am
Technical analysis for FTSE 100 for 4th December 2023
The FTSE 100 hit a six-week high on Friday boosted by solid gains in metals miners, while markets cheered after Federal Reserve Chair Jerome Powell acknowledged progress in lowering inflation, keeping alive hopes that interest rates have peaked. The benchmark FTSE 100 share index rose 1.0%, hitting its highest level since Oct. 19, and the more domestically-focussed FTSE 250 midcap index also added 1.0%.