The share is approaching a technical resistance and could return into a bearish configuration.

Technically, the security could run out of steam close to the GBp 983 resistance. Indeed, the stock is moving in an upward trend in the short term but it could know a halt. In this context, the downward movement could improve and a return to GBp 878.5 can be anticipated. Indicators that show an overbought situation confirm this scenario.

The upside seems limited as shown by fundamentals and technical configuration. In contact with the GBp 953.5 resistance, a movement of consolidation could return the stock towards the GBp 878.5 mid-term support. As a result, the most aggressive investors could take a short position near GBp 983 but they need to set a stop loss above this resistance because the crossing of this level would invalidate our scenario.