The UK benchmark has broken out of a technical analysis pattern called a "bullish flag", sending a positive signal, with the index now not far off its record high.
"This (the break out of the flag pattern) should take it to its all-time high at 6,950 in January. It will be helped by mining stocks which are in a position to gain some 9 percent over the same period," Valerie Gastaldy, head of technical analysis firm Day-By-Day, said.
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The UK benchmark has broken out of a technical analysis pattern called a "bullish flag", sending a positive signal, with the index now not far off its record high.
"This (the break out of the flag pattern) should take it to its all-time high at 6,950 in January. It will be helped by mining stocks which are in a position to gain some 9 percent over the same period," Valerie Gastaldy, head of technical analysis firm Day-By-Day, said.