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FTSE weighed down as UK officially enters recession – FTSE 100 Market Outlook – 14/08/2020


As UK officially in recession, an October end to the furlough scheme and a resurgence in Brexit fears weighed down on the index as it made its way to our short entry support target at 6100 in yesterday’s session, as we look for a failure to breach our 6220 resistance level to favor another attempt at 6160 support level.

Support: 6160/ 6100
Resistance: 6220/ 6300

SquaredFinancial Daily Market Outlook


SquaredFinancial Review

Source: https://www.squaredfinancial.com/learn/daily-market-outlook/ftse-weighed-down-as-uk-officially-enters-recession-ftse-100-market-outlook-14-08-2020
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