JFD_Research

FTSE100 - 240 - Need a confirmation break first

TVC:UKX   UK 100 Index
Quick idea.

Pound's weakness is helping support the FTSE100 index from moving lower. That said, we are also keeping an eye on the whole risk sentiment in the market, because if it turns heavily to risk-off, then it may outweigh the helping hand of a weaker GBP, which may cause the British index to slide. That's why we remain cautiously-bullish for now.

Please see the chart for potential breakout levels.

Don't forget your stop-loss.
Jan 15
Comment: Please join our daily live quick technical market overview webinars - Trader’s Espresso and Trader’s Tea Time - on JFD Bank YouTube and Facebook pages.
Trader’s Espresso – 07:00 GMT
Trader’s Tea Time – 14:15 GMT
Are you a business man or woman,politician,musical, student and you want to be rich,powerful and be famous in life,by being a member of the ILLUMINATI🔺brotherhood.With this all your dreams and heart desire can be fully accomplish. add us on WhatsApp +18634489541
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out