FX.co ★ #FTSE Focus: Navigating the FTSE 100 Index in Forex!

#FTSE Trading on the British index #FTSE opened with a small gap up, which was quickly closed, after which buyers again took the initiative. The market was supported by an easing of geopolitical tensions in the Middle East, which improved investor sentiment and increased demand for risk assets. Despite pressure from the oil and gas sector due to falling oil prices, the growth of banking, industrial and consumer stocks is helping the index continue moving upward toward the 10880 level. I plan to consider buying on a pullback to the 10713–10670 price range.