Breach of important price line imminent by UK 100

UK 100 is moving towards a line of 7580.2998 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If UK 100 continues in its current trajectory, we may see it move towards 7580.2998 within the next 10 hours.

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