FTSE 100 Index
Short

Markets in Focus: FTSE 100

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As global stock markets remain under pressure, we’re taking a close look at the FTSE 100 this morning.
The index continues to trend lower and is now approaching key long-term support levels:
🔹 200-week moving average: 7,671
🔹 55-month moving average: 7,510
Typically, these levels might offer a platform for stabilisation — but the technical damage is evident. The five-year uptrend from the 2020 low has been decisively broken, with former support around 8,200 likely to act as a formidable resistance on any rebound.
The pace of recent sell-offs adds to the concern. While we’ll be watching closely to see if buyers defend these key levels, I’m not overly optimistic given current momentum.

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