FTSE continues to gain
The FTSE 100 has shrugged off losses in the US, with the index pushing to a new high once more yesterday. Despite the pullback we have seen overnight, it looks likely that we will see the index rally once more.
An hourly close above 7330 would signify a breakout, which would be expected to bring further gains. As long as we do not see a break back below 7264, then further upside seems the likeliest option from here.