The FTSE 100 had a slightly negative session on Friday, but quite frankly I think that regardless what happens we will find plenty of support just below.
The FTSE 100 had a slightly negative session on Friday, but quite frankly I think that regardless what happens we will find plenty of support just below. Because of this I am waiting to find some type of support of candle to go long. The 7125 level is going to be the “floor” in this market, and I think we will reach towards the highs given enough time. I believe that the following British pound will continue to benefit this market, so having said that I am bullish and have no interest whatsoever in selling.
Chris is a proprietary trader with more than 20 years of experience across various markets, including currencies, indices and commodities. As a senior analyst at FXEmpire since the website’s early days, he offers readers advanced market perspectives to navigate today’s financial landscape with confidence.
