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.
FTSE 100 still unable to rally
The declines continued yesterday for the FTSE 100, although the pace has slowed.
Having opened below 7340 support, the price now looks to the 7280 lows from the end of November last year. Below this, 7195 and then 7127 come into play. A close back above 7340 would provide a more bullish view.