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FTSE 100 continues pushing higher
Pre-Bank of England (BoE) weakness yesterday was quickly reversed, with the FTSE 100 pushing above Wednesday’s high and finishing in strong form.
Dips should continue to find buyers as they have all week, with the 50-period simple moving average (SMA) on the four hour still acting as strong support. It is now only 100 points until the index hits its previous all-time high.