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 steadies after recent falls
The FTSE 100 remains under selling pressure, and yesterday’s drop from 7660 suggests more downside is likely.
The index fell below the 7590 support level, and so far this morning has not been able to recover this level. Below 7540, the 7490 area comes into view, and then 7390. A move back above 7600 would suggest near-term bullish strength.
.jpg)
