FTSE100 could continue its consolidation phase till US election results – Ayondo [Video]
![FTSE100 could continue its consolidation phase till US election results – Ayondo [Video]](https://editorial.fxstreet.com/images/Markets/Equities/FTSE/british-money-and-stock-exchange-graph-17512709_XtraLarge.jpg)
Tim Young, day trader at Ayondo believes traders are likely to take some money off the table, leaving the UK's FTSE100 index in a sideways pattern as focus shifts to US elections. Young says the intraday charts have little to offer given the index has been restricted to a narrow range. "However, weekly chart still looks bullish", he says. Young is interviewed by Tip TV's Zak Mir.
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