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London following Wall Street amid stimulus optimism – FTSE 100 Market Outlook – 16/12/2020


Stocks in London will most like follow Wall Street higher as markets look for progress in stimulus talks in Washington with focus lying on the US Federal Reserve’s last policy decision of 2020 at 1900 GMT today. The FTSE 100 index of large-caps to open 30 points higher today after closing in the red yesterday with a breach of the 6560 resistance level to drive prices higher possibly towards the 6600s.

Support: 6520 / 6460
Resistance: 6560 / 6600

SquaredFinancial Daily Market Outlook


SquaredFinancial Review

Source: https://www.squaredfinancial.com/learn/daily-market-outlook/london-following-wall-street-amid-stimulus-optimism-ftse-100-market-outlook-16-12-2020
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