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GKP daily 11/07/13

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Well, here we are at last back at the key 166p level but, no surprise, the SP closed just below.

I still remain bullish here, not least because of the RSI which has continued upwards following its breakout, so we'll still have to wait for this key level to be taken out.

With the meeting between Simon Murray and M&G taking place tomorrow, all eyes will be on the lookout for the resulting RNS but I suspect that if this is going to break out then it may well do so before the news comes. Only time will tell of course. Could be an interesting day tomorrow and the general markets remain bullish right into the close today too.
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