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UK CPI holds steady | 7560 7598 7620 resistance | 7453 support

Nick@ht-admin
#1 · 14th February 2024, 10:46 am

Technical analysis for FTSE 100 for 14th February 2024

Hot on the heels of the US CPI we have UK inflation coming in the same as last month. It hasn't gone up, but as it hasn't dropped either so rates are unlikely to change here any time soon either. As such we may well see a rise towards the 7560 first key resistance area in place for today, and with the R1, key fib and 30m 200ema here, this area looks to be worth a short.

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Last edited on 14th February 2024, 10:47 am by Nick