The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.
FTSE 100 eyes mid-August high
The index has moved swiftly higher this morning, after an indecisive day yesterday. It seems that the base for this latest bounce was formed around 6830, so that is the area of support to watch for today.
Further gains today could see the index test the peak from last week at 6930, and then beyond this the mid-August high at 6950.