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FTSE 100 hitting highs
Another good day on Friday saw the FTSE 100 hit its highest level since the beginning of February. Further gains from here will target 7796, the highs from January.
Buying pressure developed around the 7340 area last week, when a short-lived consolidation was resolved in favour of a push higher. Sustained price action below 7300 would be needed to indicate that the bulls are no longer in control.
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