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Inflation, Rates and Bulls | 7724 7705 7677 support | 7756 7780 7807 resistance

Nick@ht-admin
#1 · 20th March 2024, 10:21 am

Technical analysis for FTSE 100 for 20th March 2024

A decent day yesterday as the bulls defended the 7700 level. We now head into more news with the Fed interest rates today and the BoE tomorrow. UK inflation has just come out and cooled slightly, though rates are likely to remain as they are.

The consumer prices index (CPI) fell to 3.4pc in February, down from 4pc the previous month, according to the Office for National Statistics (ONS).

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Last edited on 20th March 2024, 10:25 am by Nick