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Retail sales miss | 9150 9190 resistance | 9107 9077 support

Technical analysis for FTSE 100 for 25th July 2025

A fairly lacklustre day yesterday but the FTSE held on and consolidated its recent gains, to set up the 9100 level as the key support for the moment and a possible test of the 9180 resistance level for today. 9165 is R1 and the first hurdle that the bulls will need to overcome, and if they can keep the momentum going from yesterday then they should overcome that. 9180 is then the daily resistance level as mentioned, and just below the R2 and key fib at around the 9190-9195 area which may well cap proceedings today, especially as its Friday and we could see some profit taking later ahead of the weekend.

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