HotForex
Short

UK100 Approaching Resistance, Potential Reversal!

OANDA:UK100GBP   UK 100
UK100 is approaching its resistance at 6865 (61.8% Fibonacci extension , 23.6% & 38.2% Fibonacci retracement , horizontal overlap resistance) where it could potentially fall to its support at 6717 (horizontal swing low support).
Ichimoku cloud also shows signs of bearish pressure that contributes to our bearish bias.
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