FTSE holding above the 100 day moving average at 7385/90 targets 7420/25. If we continue higher look for 7450 and quite strong resistance at 7460/70 which may see a high for the bounce.
Good support at 7390/85 should now hold the downside. Longs need stops below 7370. Further losses meet strong support at 7340/30. Try longs with stops below 7300.