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ECB Rate news today | No change | 7520 7490 7461 support | 7550 7575 7595 resistance

#1 · 14th September 2023, 8:59 am

Technical analysis for FTSE 100 for 14th September 2023

The FTSE 100 bounced back on Wednesday after being hit by the news that the economy had shrunk more rapidly than expected in July. By the end of the day a strong performance from banks Barclays and HSBC, as well as some housebuilders, helped the FTSE finish more or less flat
It closed down just 0.02pc a 1.54 point drop that left the index at 7,525.99.

The index had earlier fallen as low as 7,490 after data from the Office for National Statistics revealed that the UK’s gross domestic product (GDP) fell by 0.5pc in July, following a similar-sized rise the month before.