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Can the bulls defend today with US closed | 7622 7582 support | 7658 7690 resistance

Nick@ht-admin
#1 · 15th January 2024, 10:07 am

Technical analysis for FTSE 100 for 15th January 2024

The FTSE 100 closed higher on Friday after a jump in commodity-linked stocks offset losses in luxury group Burberry, but uncertainty around the outlook for interest rate cuts meant the main UK stock indexes logged weekly declines.

The blue-chip FTSE 100 climbed 0.6% on Friday, but the week's performance marked the second conecutive fall as investors unwound their bets on aggressive monetary policy easing this year.

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Last edited on 15th January 2024, 10:08 am by Nick