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FTSE 100 posting record after record
The FTSE has seen another record high in the early part of the session, after a small retracement overnight that took the price back to 7450 and the previous peak.
Dips towards the 50-hour simple moving average (SMA) at 7440 continue to be sufficient for fresh buying momentum to appear. As long as the index holds above 7385 it looks like more gains will be on the way.