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 comes under pressure
The FTSE 100 continues to hold above 7360, but it is proving difficult to move much higher. However, so long as 7360 holds, then a rebound to 7400 and higher is still possible.
A daily close below 7360 would open the way to 7294, and then 7260.