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FTSE 100 could find resistance at 7333
The index has fallen back from its highs above 7300, but while this may simply be another dip in this remarkable trend, a rising pound (admittedly off its lows) could spell the end for the rally.
We would look for an initial close below 7250, and then sub-7200, as an indication the sellers are now in control. Resistance lies at 7295 and then 7333.
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