Indicators argue for a technical correction after the last bullish movement recorded in past sessions.

The stock remains rooted in a bullish trend in the short term but has found a downward line which stopped the upward movement. On this level, the stock invalidate its positive trend and should go towards its 20-day moving average in the next trading sessions.

Therefore, the most offensive investors can benefit from the technical configuration to open a short position. The objective will be fixed on the GBp 1270 (20-day MA) and then on the GBp 1220 support. Only the breakdown of the downward oriented trendline will invalidate our scenario. The stop loss will be set at GBp 1431.