FTSE pushing towards key resistance level
The FTSE 100 is gaining ground in a considered and consistent manner this week, with price moving back towards the key resistance zone around 6852. That level represents a significant hurdle and any further upside would have questions asked around that price.
With higher highs and higher lows being created on an intraday basis, it is worth following the short-term trend. However, the reaction to 6852 could pave the way for how the second-half of this week pans out.