FTSE 100

Key insight

10,700 round-number resistance holds for third session — break above triggers run to 10,850 Jan swing high; failure keeps range trade between 10,550 200-day MA and 10,700 intact.

Stalls at 10,691 — flat against DAX's +0.5% outperformance signals FTSE-specific drag; GBP/USD at 1.3230 (-0.2%) pressures export earners while oil's -2.2% to $89.7 hits energy heavyweights.

Main risk

Brent Crude collapse at $89.7

Oil -2.2% to $89.7 hits BP and Shell, which carry ~12% FTSE weight; sustained break below $88 amplifies index downside.