UK: BT Group shares keep the positivity – Analysis – 12-2-2019

In spite of the weakness of the BT last trading, but its steadiness above the support at 221.00 supports the continuation of the bullish attempts in the near and medium period trading, the price needs a new positive momentum to begin forming a bullish trading, to target 246.10 level reaching to 61.8% Fibonacci correction level.

The risk of changing the main trend is represented by the price reach below the mentioned support, which provides strong chances for forming negative trading, to expect suffering several losses by reaching 207.00 and 197.00.

The expected trading range for today is between 222.00 and 246.10

The expected trend for today: Bullish