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FTSE 100 recovery intact
FTSE 100’s consolidation over the past four sessions seems to be resolving to the upside, with bulls solidifying their hold above 7300. The targets to watch on the upside are the 7400 and then 7450, while the rising trend from the lows of September would suggest dips towards 7280 will continue to be bought.
Only a move below 7271 can really turn the outlook bearish once more.