The week ahead

UK GDP today with a rise towards 7638 on the cards | 7685 resistance | 7590 7536 support

I hope you and your families have had a great Christmas break so far. Just to let you know that I wont be doing any detailed analysis for the website this week but if you’re trading then I wouldn’t be surprised if we get a low volume drift up as the bulls will be keen to get the FTSE 100 back above 7600 and a yearly close above this psychological level. If so then we are likely to see a decent start to 2018 and a rise to possibly the 8000 area early in 2018.

Enjoy the rest of the break!