FTSE continues to lead the way
The FTSE 100 has been outperforming its US and European counterparts over recent days, with the index pushing higher despite uncertainty elsewhere. That continues to be the case, with a break through 7064 this morning proving the uptrend remains intact.
While further gains are expected, it is worthwhile noting the 7068 level represents a significant resistance level (25 October swing high). With that in mind, a bullish outlook remains, yet it may make sense to await a break and close above 7068 to provide confidence that a pullback isn’t about to occur.