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Can the bulls break 7500 | 7523 7560 resistance above | 7465 7420 resistance

Technical analysis for FTSE 100 for 19th January 2024

British equities rose on Thursday, supported by a string of upbeat earnings from companies such as Flutter and Ferrexpo, while shares of Watches of Switzerland slumped after a bleak forecast, adding to fears about a luxury sector slowdown. The exporter-heavy FTSE 100 ended 0.2% higher, recovering from a three-day slide.

Meanwhile, the mid-cap FTSE 250 index added 0.4%, its biggest gain in more than a week.