The FTSE 100 is now close to entering a zone of prior highs after adding nearly 500 points since May 12. The rally in the FTSE 100 comes against a troubled UK political and economic backdrop, but the trend higher remains in place. The 7,635-7,688 area will provide resistance and if the FTSE is to break above here it will need a strong economic driver to spark the move. The first level of support is seen around 7,540.
Trade accordingly with your risk