FTSE 100 in for the Long Haul

FTSE 100 in for the Long Haul

With the rapid climb of Indices such as the FTSE 100, in the last couple of weeks, and with the prospect of further highs with Brexit news.

With a correlation with GBP, a weak GBP means a lot of FTSE 100 companies will produce greater profits, so a reach of 8,000 for the FTSE could be hit this year, we’re optimistic, albeit with a few dips along the way, it’ll be reached. We’ll be monitoring movements along the way along with other indices, sometime we can see a correlation with the movement of different indices and we may see a upward trend for others aswell as the FTSE.

Sit tight and wait it out for FTSE Long.

FTSE 100

(Our trading and image was done using an account with UK based broker IG)

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