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FTSE 100 outperforming now this morning

Since my last update here on the DAX, there has been no further gains for the German benchmark index, if anything it has been tracking modestly lower.  Meanwhile, the FTSE 100 is just now lifting to session highs above 7,760. The index held the break out above 7,700 yesterday and later closed at 7,747. That was of course a positive close and so far this morning, the index is not backing off and instead making some steady progress. The GBP/USD is a little lower right now and oil prices are rising off their lows. Both of those dynamics are adding short term support to the FTSE 100 it seems too.

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