The GBp 317.4 resistance is in line of sight.

From a fundamental viewpoint, the company is strong. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current and the next year. The great business predictability emphasize the quality of this investment in the mid-term.

Technically, the security is in an uptrend on all time scales and it is supported by moving averages. The bullish trend will not be stopped as long as prices are above the GBp 290 short term support. This trend should allow the stock to reach its short-term resistance, which will be the first target price.

Thanks to these good indicators, it seems relevant to take a long position in OneSavings Bank near the GBp 290. The target price is the next resistance level at GBp 317.4. A stop loss will be set under the GBp 290 (support and 20-day moving average) because a breakdown of this level would damage the technical pattern.