FTSE 100 Outlook: Picks Up Bullish Momentum Aimed at Breaking its Range
FTSE 100 Outlook: Picks Up Bullish Momentum Aimed at Breaking its Range Key Talking Points: Traders will be keeping an eye out for US CPI data this afternoon FTSE 100 could have a clear path towards 7,500 if it breaks above current resistance The FTSE 100 has attempted to push above the 7,100 mark again this morning despite ongoing concerns about inflationary pressures. The focus today is likely to be on the US CPI data out later this afternoon, where traders will be keeping an eye out for any unexpected rise in prices ahead of the Federal Reserve meeting next week. It is unlikely that the F...
Source: dailyfx.com