Either a rebound or a breakout imminent on UK100

UK100 is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of UK100 to test 6632.5000 within the next 15 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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