The retreat from the high of 7055.2 has established a falling trend line as seen on the 4-hr chart and amid the bearish 5-DMA and 10-DMA crossover could yield a re-test of the rising trend line support seen today at 6953. A daily close below the same would mean the recent record high is unlikely to be challenged in the short-run.
On the higher side, only a...
All technicals lead to a short
fundamnetalls are saying its a long, however the demand is high in the uk economy due to the property however the supply is not able to recach it