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 tries to climb higher
The FTSE 100 has gapped higher this morning, but is finding it hard, for the time being, to muster further momentum to move on beyond 7370.
If it is able to cross this zone, then the 7409, 7427, and 7448 areas come into play. Last Friday saw a major test of the 7294 area, and for now the buyers are able to hold the line. Below this, 7260, and then 7195 are potential areas of support.
.jpg)
