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FTSE 100 breaks back towards record highs
The FTSE 100 has managed to recover much of the ground lost earlier in the week, with the price moving towards the 7705 record highs overnight.
That level will dictate the state of play for the day, with an hourly close above 7705 pointing towards another surge higher from here. As such, watch for how the index responds to that area of resistance, as a gauge of where the index will go next.