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FTSE 100 rebounds from support zone
The FTSE 100 managed to continue its recent uptrend, with the rebound from the 7340 support level (late-February peak) negating the notion that we will see a short-term downside come into play just yet.
A weak pound has been helping this index push higher, and as long as we remain above 7334, further upside is likely and sell-offs are there to be bought into.