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NFP today with US closed Friday | 8780 8744 support | 8840 8876 8890 resistance

#1 · 3rd July 2025, 9:21 am

Technical analysis for FTSE 100 for 3rd July 2025

The FTSE100 and S&P500 both bounced well yesterday but from just below the key support levels and we may well see a bit of buy the rumour sell the news today as we have the US markets closed tomorrow, and NFP out at 1330. At 0930 this morning we also have some UK centric PMI data out, so expect a bit of chop around then.

Initially I am thinking that the daily pivot level at the 8786 will hold as support and we will see a charge from the bulls to push back above 8800 and possibly as high as 8840 where we have the key fib and the R1 level for today. This is also the top of the 20d Raff channel.

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