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ECB Rate cut expected | 8250 8200 support | 8289 8321 resistance

Nick@ht-admin
#1 · 6th June 2024, 8:58 am

Technical analysis for FTSE 100 for 6th June 2024

Well the US markets certainly got their bull on yesterday and once again we saw some new record highs. We now look towards the expected rate cut from the ECB today, With a much anticipated 0.25% cut we may well see markets drop on the news as its already been priced in, however expect some volatility around this at 13:15, and then the press conference at 13:45.

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Last edited on 6th June 2024, 9:01 am by Nick