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FTSE 100 getting ready for another run higher?
The index has been stuck in consolidation mode for over a week, with a push towards 7320 fizzling out, but no sign of a real move lower.
The price has drifted through the rising trendline that held from 2-21 February, but support at 7260 is still to be tested. If the price can move back above 7300, it may be that a run to 7320 and higher is in the offing.