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Friday, April 22, 2011

Who's playing Footsie?...

One other index I'll be glancing at next week is the FTSE 100...6000 is an important level...acting as resistance at the moment (weekly chart below):



http://www.screencast.com/users/strawberryblonde/folders/Jing/media/2f860c1b-22b7-4bfc-aedf-99aea0841d77

I'll also be interested to see what the GBP/USD currency pair does to see whether it can sustain its breakout last week from Feb/Mar/Apr highs (weekly chart below):



http://www.screencast.com/users/strawberryblonde/folders/Jing/media/631ffa9d-1148-421e-b610-abee3eb37d66

These may also give some clues as to overall market appetite and direction in the upcoming week(s).