FTSE100 has broken high of 7363 made on May 16th after long consolidation on weak Pound sterling. GBP recovered sharply more than 100 pips after Theresa May offered new Brexit plan on Tuesday but MPs reacted negatively to UK PM’s last effort. GBP once again declined and hits 4-month low.UK CPI came at 2.1% yearly rate slightly better than expected compared to 1.9% previous.It hits high of 7372 and is currently trading around 7328.
On the higher side, near term resistance is around 7387 (61.8% fib) and any break above targets 7450/7500.
The near term support is around 7320 and any violation below will drag the index till 7300/7269.Any break below 7244 (300- day EMA) targets 7200/7180 (200- day MA)
It is good to sell on rallies around 7345-50 with SL around 7387 for the TP of 7245.


Ethereum Cracks Under $1,700: Sell the Rally Near $1,750 as Bears Eye $1,380–$1,200
FxWirePro: GBP/NZD stuck in range but outlook is bullish
FxWirePro: GBP/AUD eases on Geopolitical whipsaw
FxWirePro- Major Pair levels and bias summary
FxWirePro- Woodies pivot (Major)
FxWirePro: USD/JPY gains above 160 level ahead of BOJ policy meeting
FxWirePro- Woodies pivot (Major)
FxWirePro: AUD/ USD strongly bearish despite upside attempts
FxWirePro: GBP/AUD runs out of steam but maintains bullish outlook
FxWirePro: EUR/AUD loses upside momentum but outlook is bullish
FxWirePro: EUR/ NZD uptrend loses steam, remains on bullish path
FxWirePro: USD/CAD steadies around 1.3990 ,retains bid one
BTC’s Bear Bounce: Sell the Rally Near $66K as Bears Target $59K–$52K Breakdown
FxWirePro: GBP/USD range-bound as Iran uncertainty keeps traders cautious 



