The FTSE100 index managed to break back above the 200-period moving average, after the London-headquartered but Asia-focused HSBC bank reported profits in all regions, with oil major British Petroleum expected to also report later today. If the results are good, we expect stocks in London to push higher and the footsie to retest the 7000-level and 7025 in extension.
Support: 6960 / 6855
Resistance: 7000 / 7025
Risk Warning: 79% of retail CFD accounts lose money
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