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UK Trading Activity after Brexit and FTSE 100 Outlook

FTD Limited by FTD Limited
March 10, 2021
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UK Trading Activity after Brexit and FTSE 100 Outlook
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UK Port Activity – Number of Unique Ships

UK trading activity is picking up slowly to the last year’s levels. Despite high border rejection rates, activity slowly returning to normal but border friction probably continues for months. The rate of freight companies declined to take shipments rose to %69 higher than last year’s Q3 average.

FTSE 100

FTSE 100 index is still holding below 7000 and moving in a tight range since our earlier post. The price may continue within the green trend channel for some time and gives trading opportunities. For more bulls to come to markets, the 7000 resistance zone must be broken.

Below 6490 support, FTSE 100 may become dangerous for long-side traders.

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    The ideas and the information shown here have no responsibility of any of the trading decisions made by the investors or the visitors of this site. Therefore, under no circumstances will FTD Limited nor FTD Articles be held responsible or liable in any way for any claims, damages, losses, costs or liabilities resulting or arising directly or indirectly from the use of website content. We recommend that you seek advice if you have not involved with trading before in order to prevent potential risks that may arise.

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