The British FTSE rose slightly on Monday after last weekend's declines, especially after the interest rate cut from the Bank of England.

The index is currently expected to decline, especially if the upper cluster levels are retested from 8170 to 8200.

Or if the symmetrical triangle is broken straight down, then we can target the levels of 8000 and then 7825.

This scenario fails in the event of a breakout of 8250 upwards.