FTSE

Ftse is testing the all time high and is at the upper bollinger band.Next week will be critical as to whether it breaks out or we see a false break and reversal. To me it looks like an exhaustion.No doubt the renewed weakness in sterling helped the market,though I had been expecting the Macron election win to be a sell the news event. There is divergence now with the US markets ,which were weak last week,though Germany is still holding high levels

4 hr chart