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Brexit optimism lifted risk sentiment – FTSE 100 Market Outlook – 23/12/2020

SquaredFinancial

Despite the UK considering adding more parts of England into Tier 4 restrictions as it registered the highest number of Covid-19 infections since the beginning of the pandemic, the FTSE 100 is still looking resilient though lagging its European peers, as some optimism – after France resumed critical trade links with the UK – lifted risk sentiment. A breach of 6475/6400 is needed to set the index on a clearer path.

Support: 6350 / 6300
Resistance: 6400 / 6440

SquaredFinancial Daily Market Outlook


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Source: https://www.squaredfinancial.com/learn/daily-market-outlook/brexit-optimism-lifted-risk-sentiment-ftse-100-market-outlook-23-12-2020
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