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Daily lower Triangle line support at about at about 6800  and price has just rebounded fast off that area, hourly candle not yet confirmed of course but other Stock indices are also at critical points: Dow at similar Triangle and Dax at Fib 38%.

 



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The pound is what is causing the FTSE to sell of, hence why it is a good correlation. 7200 is strong resistance for now, but it will inevitably break higher as this is a statistical fact, fundamentals are still strong and talks of repealing dodd frank will help boost bank shares which will lift the ftse higher. 

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