The FTSE broke higher during the course of the session on Wednesday, breaking towards the 6760 handle. With this, we feel that the market should continue
The FTSE broke higher during the course of the session on Wednesday, breaking towards the 6760 handle. With this, we feel that the market should continue to go higher and the pullback should be buying opportunities. We have no interest in selling this market, but we do recognize that the Bank of England has an interest rate decision coming out today. That of course could move this market, but we believe ultimately we will break out and above the 6820 level to go much higher. We have no interest in selling at all as there is more than enough support below to keep this market going higher.
Being FXEmpire’s analyst since the early days of the website, Chris has over 20 years of experience across various markets and assets – currencies, indices, and commodities. He is a proprietary trader as well trading institutional accounts.
