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FTSE 100 uptrend remains in play
The FTSE 100 has been moving higher for over a month now, and with the price consolidating yesterday, there is a strong chance we will see a surge higher before long.
With ascending trendlines capping both the top and bottom of recent price action, it is likely we will see a move back into the top end of this wedge once more this week. A break below 7543 would be required to negate this bullish outlook.