UK: Barclays holds within the negative range – Analysis – 19-2-2019

Barclays shares price kept its stability within the bearish channel, affected by the strength of the main resistance at 159.80, to notice the beginning of forming new negative trades by reaching 157.65, while the contradiction between the major indicators might force the price to form some sideways fluctuations to wait to gather new negative momentum and increase the chances of reaching the first negative target at 154.00, followed by waiting to touch 149.55.

The expected trading range for today is between 159.80 and 154.00

The expected trend for today: Bearish