FTSE 100 finds reason to fly
Yesterday’s Bank of England (BoE) decision, and the subsequent price action, has resolved the argument about the next move for the FTSE 100. The index has rallied with a will, moving through the 7550 zone that held back progress in early October.
Now, the index only has the 7600 level to break before it hits new all-time highs. Only a move below 7490 would give the bears much traction.