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FTSE 100 pushes past 8k as Pound falls further

The pressure on the pound versus the Dollar and the Euro has delivered more downside. The GBP/USD has just now hit a fresh session low at 1.2335 and the EUR/GBP has risen to a fresh session high at 0.8635. Both these moves have helped the FTSE 100 now reclaim the 8k handle. The index has now lifted to around 8,015 and that means it is within clear striking distance of the noted multi-year highs at 8,044 and 8,047. The reader is reminded; that the record high for the index is in place at 8,047. So, it remains to be seen, if there is enough gas in the tank for either of those levels to be put to the test ahead of the close later today. The index is just now trading at 8,010 
 

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