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After several attempts to break above 6700, the FTSE 100’s bounce is finally running out of steam. Some support was found at 6650 on Wednesday, but the shift below here so far on Friday might suggest a period of weakness ahead.
First support is possible at 6600, and then down towards 6500, which helped prevent further downside at the beginning of June. More gains would need a move above 6700, with a daily close above this level required.