Analysis26 Jan 2019 10:29
The market is right at a resistance trend line. it must break above 165p as failure at 165p means that the lower low - lower high trend that it has been stuck in since it began in May 2018 will continue and we will certainly see 145p tested again.
I think a break of 165p will be bullish short term but we need to take out that previous high of 180p for any meaningful trend change. I think 140p is more likely