Major support- 7126 (200- W EMA)
FTSE100 recovered slightly from a low of 7136 made yesterday. It hits high of 7253 and is currently trading around 7205. The index was trading weak for the past 2-week due to the strong increase in Pound sterling.
GBPUSD has halted its 1- month of the bullish trend and lost than 50 pips from a high of 1.32150. The latest You Gov MRP predicts Tories 339 seats, Labour 231, SNP 41.
Technically, the near term significant support is around 7125 and any indicative break below targets 7020. Major bearish continuation only underneath 7000.
The primary resistance is around 7288 (55- W EMA) and any indicative break over will take the index till 7325/7350. Major trend reversal only beyond 7450.
It is good to sell on rallies around 7225-30 with SL around 7290 for the TP of 7100.


FxWirePro- Woodies pivot (Major)
Nikkei Surges Past 65,000 on Suspected Yen Weakness: Tech Giants Like Advantest and NEC Lead Explosive Gains
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Crypto levels and bias summary
FxWirePro: GBP/USD rises as soft US data pressures dollar
Major FX Action Bias & US Market Sentiment: NZD/USD (Extremely Bullish) & AUD/USD (Bullish) Watchlist
AUD/JPY Slips Below 112 as BOJ Intervention Sparks Bearish Momentum: Sell the Rallies
Major European Indices Score Extremely Bullish: DAX Eyes 26000, CAC Targets 8600, FTSE100 at 11000 – Key Levels to Watch
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist
FxWirePro: GBP/AUD bears maintain upper hand
FxWirePro: GBP/AUD drifts lower after BOE rate decision
FxWirePro: GBP/NZD remains weak, eyes 38.2%fib support
FxWirePro- Major Pair levels and bias summary
AUDJPY Volatile After Massive Sell-Off: Sell Rallies at 113, Targeting 110 as Bearish Momentum Surges
FxWirePro: AUD/USD gains some ground but outlook is bearish
US Magnificent 7 Stocks Trend Score: Amazon & Microsoft Hit Extreme Bullish (+100) as Meta Drops to -100 — Key Resistance & Support Watchlist 



