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Rise and dip with Brexit back in the news | 8695 support | 8777 8820 resistance

Nick@ht-admin
#1 · 20th May 2025, 1:30 pm

Technical analysis for FTSE 100 for 20th May 2025

We got a decent bull Monday in the end with the 2h coral support at 8620 holding well and the bulls managed to break above the 8700 resistance level, thus keeping hopes alive for a test of 8900 before too long. That said we may well see a bear Tuesday today with the resistance at 8777 being R1 looking like it might be a spot that the bears appear.

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Last edited on 20th May 2025, 1:31 pm by Nick