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FTSE 100 breaking through consolidation top
The FTSE 100 is pushing through the 7325 resistance level this morning, with the index looking to drive upwards from a period of consolidation that has been in play over the past two weeks.
With that in mind, there is likely to be a push higher from here as long as we see a closed candle above that 7325 level. Should that break occur, watch for a potential move higher, even if this is just a retracement of the sell-off from 7536.