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FTSE 100 rally carries on for now
The current move higher from 7490 reached a new higher high yesterday, although not by much, and the FTSE 100 was unable to sustain the gains overnight.
A drop below 7600 would be potentially bearish, but a move below 7570 would really signal that upward momentum has faded. Above 7650, further gains towards 7700 and 7800 are possible.