FTSE 100 Pushing Down on Support as GBP/USD Strength Weighs 2020-07-31 11:00:00 FTSE 100 Price, Chart and Analysis: Heavyweight exporters hit by recent GBP/USD rally. Get My Guide Recent Trading Range Under Pressure The FTSE 100 continues to slide lower and is testing the lower end of the recent trading range. The UK big board has oscillated in a rough 350 point trading zone with the lower bound around 5,930 currently under pressure. […] The lower end of the trading zone is propped up by the 38.2% Fibonacci retracement level at 5,889, and if this folds a swing-low made on May 14 at 5,662 comes into play. […] You can let us know via the form at the end of this piece or you can contact the author via Twitter @nickcawley1 .
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