The information on this page does not contain a record of our trading prices, or an offer of, or solicitation for, a transaction in any financial instrument. IG Bank S.A. accepts no responsibility for any use that may be made of these comments and for any consequences that result. No representation or warranty is given as to the accuracy or completeness of this information. Consequently any person acting on it does so entirely at their own risk. Any research provided does not have regard to the specific investment objectives, financial situation and needs of any specific person who may receive it and as such is considered to be a marketing communication.
Good times return for FTSE 100
The FTSE 100 has continued its impressive bounce, heading towards resistance around 7490.
Intraday dips remain buying opportunities unless we see a close below 7350, the lows from Thursday’s session. Above 7490, the downtrend line from the May highs comes into play, suggesting resistance around 7620.
.jpg)
