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FTSE 100 renews its push higher
The FTSE 100 remains below the highs of Wednesday’s session, but for now the sequence of higher lows is intact.
Above 7100, the price heads towards the 7220 area that marked the lows at the beginning of September. A break below 7040 signals more short-term weakness, breaking rising trendline support from the lows of last week and potentially opening the way to 6920.