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Inflation stays at 2% | 8177 8124 8107 support | 8195 8233 8254 resistance

Nick@ht-admin
#1 · 17th July 2024, 10:25 am

Technical analysis for FTSE 100 for 17th July 2024

We got the bounce yesterday but from just above the 8107 support level, so that remains in play for the time being. As I am writing this, UK inflation held steady at the Bank of England’s 2% target for a second straight month in June, which has just made the FTSE complete arrow 1 already with the dip down to the 8170 initial support level.

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Last edited on 17th July 2024, 10:26 am by Nick