FTSE Biased Long for the 6th week in a row
We've been suggesting FTSE long to clients for the past 6 weeks and the bias is still in play.
7800 is the main support zone currently. So long as it holds on any retracement,
the bias remains intact. GBP weakness is also helping this trade, since FTSE is priced in GBP.
7800 is the main support zone currently. So long as it holds on any retracement,
the bias remains intact. GBP weakness is also helping this trade, since FTSE is priced in GBP.
Join over 42,000 traders and get the Forex Course for Smart Traders - 17 in-depth lessons - always 100% free at MarketMates.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.