FTSE outlook remains negative and failure to beat 7315/20 targets 7295/90 then 7270/65. On further losses look for 7245/40 but a break below 7230 targets 7205, 7190 and perhaps as far as the May low at 7176/67 this week. Exit all remaining shorts on the approach.
First resistance at 7315/20, stop above 7335. A break higher targets resistance at 7370/75, stops above 7395.