Trade Of The Week: UK100_m knocks on major resistance
Over the past few months, it has felt like the same old story for the UK100_m as it’s traded within a wide range. Significant support can be found at 7240 and resistance at 7730.
Caution was the name of the game on Wednesday as more disappointing Chinese economic data left investors on edge. Our focus falls on the global equity space with the tool of choice none other than technical analysis.
FIND OUT MORE: how lower-than-expected UK inflation is affecting GBPUSD, the inverse relationship between the Pound and the FTSE 100, as well as potential targets for UK100_m bulls.
A sense of unease gripped financial markets on Wednesday as concerns over China’s growth outlook and sticky UK inflation data left investors on edge ahead of Jerome Powell’s testimony to Congress.
Over the past few months, it has felt like the same old story for the UK100_m as it’s traded within a wide range. Significant support can be found a...
Caution was the name of the game on Wednesday as more disappointing Chinese economic data left investors on edge. Our focus falls on the global equity...
FIND OUT MORE: how lower-than-expected UK inflation is affecting GBPUSD, the inverse relationship between the Pound and the FTSE 100, as well as poten...
FTSE100
inflation
Bank of England
Stocks
rate hikes
BoE
GBPUSD
British Pound
Sterling
A sense of unease gripped financial markets on Wednesday as concerns over China’s growth outlook and sticky UK inflation data left investors on edge...
Jerome Powell
inflation
Federal Reserve
SPX500_m
NQ100m
EUROstoxx
FTSE100
Crude Oil
Gold
SMA
Technical Analysis