FTSE 100 approaches key area
The slow grind higher continues for the FTSE 100, with the key 7300 area now in sight. This was vital support back in December, when the index slowly bottomed before rallying.
Last week saw it fail to push on above here, so we watch for a close above this level as a signal that a push back to 7450 and higher is in play. A turn lower could find support at 7144, then 7000 and 6919.