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Consolidation around 9200 with 9226 9260 resistance | 9160 support | FOMC today

Technical analysis for FTSE 100 for 17th September 2025

We got the bear Tuesday yesterday with the test of the 9200 level having broken 9260. The bears will be looking to continue to drive it down today, which will be helped by this morning's CPI and RPI news that costs continue to increase (no surprise and official figures still on the conservative side imho). As such, should we see any early rally towards the daily pivot resistance at 9226 this looks to be a good level for them to attempt a drive down to the 9165 S1 and 9150 daily support levels. We also have the bottom of the still rising 10d Raff channel at the 9165 level.

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