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FTSE 100 regains ground, yet further downside looks likely
The FTSE 100 is continuing its ascent, in a week that has seen the index enjoy a relatively calm trend despite all the political upheaval.
We look likely to continue pushing upwards, but the likeliness is that this is a retracement of the sell-off from the 7146 level. As such, until we break through that 7146 level, there is a good chance that this is a retracement before we turn lower again.
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