Barclays UK (LSE:BARC) Trading around 388.30 at time of writing. Springtime?

#Brent #Dax We’d like to say something nice about the Mexican Grand Prix but when UK driver Hamilton wasn’t given his place back by his team-mate and later, penalised by 10 seconds when he made precisely the same error, it was clear once again the Formula One people appear to have something against the British driver. But on the plus side, we’d a wonderful Mexican feast on Sunday evening, despite the channel being changed from the motor race to watch Jeremy Clarkson doing his Millionaire quiz show.

Even more positively, it appears a garden owl is back, the thing making a serious effort to make itself known, perched on a branch and driving our animals wild with its calls. After going outside, it took about 5 minutes before the realisation dawned of it being parked just 50 feet away, unmoving and giving an unblinking stare. It was only when edging toward the office door (for a camera) did the bird take flight, its size giving a distinct impression if we got into a fight, there may be some problems. big brown owl is quite scary close up. The surprise comes from the detail our usual garden guest is a snowy owl, easier to spot, very loud, and just as difficult to photograph. Amazingly, despite some truly cold weather, we appear to have gotten through October without any snow which is nice. Hopefully the final 5 days of the month remain clear, due to the requirement for some welding outdoors before garden machines get put into hibernation.

 

Similar to our new brown owl, Barclays appears to be stepping out of its snooze. When we previously reviewed the share three weeks ago,  we provided criteria for a potentially fake drop to 359p, our belief being the share was entering a “mess around” phase prior to some upward movement.  It feels very like this has happened and now, the share price is knocking the door for party time! Or so we hope.

Again, three weeks ago, we lauded the potential of what would happen if Barclays share price managed to close above the level of the Red trend break at 385p. This has now happened and while the price has failed to close above Septembers high of 389p, our inclination is to take heart something may be bubbling under. It remains the case the sceptic within believes a reduction in the UK’s punitive interest rates on November 6th shall be the excuse for some proper share price movements but, there’s always the risk the price shall move on the rumour, then retreat on the reality. Obviously, this is a fairly major danger with the markets.

If is now the case where above 389p has the potential to trigger movement to an initial 397 with our secondary, if bettered, at a future 413p. While these target levels are fairly impressive, above 413p opens the door toward a long term attraction at 505p.

However, if things intend go wrong with yet another slow-down attempt, below 372p risks promoting reversal to an initial 344p with our secondary, if broken, an eventual 330p. Though such reversal sounds dire, this share needs now close below 307p to inspire utter panic.

FUTURES


FUTURES

Time Issued Market Price At Issue Short Entry Fast Exit Slow Exit Stop Long Entry Fast Exit Slow Exit Stop Prior
10:05:14PM BRENT 6517.1 6420 6344 6258 6482 6600 6659 6756 6509 Success
10:31:00PM GOLD 4126.58
10:42:01PM FTSE 9584.2 ‘cess
10:52:31PM STOX50 5672.9
10:55:47PM GERMANY 24215.4 24036 23978 23893 24150 24240 24288 24403 24169
11:00:37PM US500 6740.8 ‘cess
11:06:02PM DOW 46733
11:10:51PM NASDAQ 25144.4 Success
11:14:44PM JAPAN 48954

 

24/10/2025 FTSE Closed at 9645 points. Change of 0.7%. Total value traded through LSE was: £ 5,198,860,657 a change of 1.36%
23/10/2025 FTSE Closed at 9578 points. Change of 0.66%. Total value traded through LSE was: £ 5,128,914,273 a change of -30.05%
22/10/2025 FTSE Closed at 9515 points. Change of 0.94%. Total value traded through LSE was: £ 7,332,238,538 a change of 33.6%
21/10/2025 FTSE Closed at 9426 points. Change of 0.24%. Total value traded through LSE was: £ 5,488,291,268 a change of 12.47%
20/10/2025 FTSE Closed at 9403 points. Change of 0.52%. Total value traded through LSE was: £ 4,879,963,453 a change of -30.6%
17/10/2025 FTSE Closed at 9354 points. Change of -0.87%. Total value traded through LSE was: £ 7,031,145,247 a change of 41.83%
16/10/2025 FTSE Closed at 9436 points. Change of 0.13%. Total value traded through LSE was: £ 4,957,299,333 a change of -9.18%

SUCCESS above means both FAST & SLOW targets were met. ‘CESS means just the FAST target met and probably the next time it is exceeded, movement to the SLOW target shall commence.

Our commentary is in two sections. Immediately below are today’s updated comments. If our commentary remains valid, the share can be found in the bottom section which has a RED heading. Hopefully, this will mean you no longer need to flip back through previous reports. HYPERLINKS DISABLED IN THIS VERSION

Please remember, all prices are mid-price (halfway between the Buy and Sell). When we refer to a price CLOSING above a specific level, we are viewing the point where we can regard a trend as changing. Otherwise, we are simply speculating on near term trading targets. Our website is www.trendsandtargets.com.

UPDATE. We often give an initial and a secondary price. If the initial is exceeded, we still expect it to fall back but the next time the initial is bettered, the price should continue to the secondary. The converse it true with price drops.

We can be contacted at info@trendsandtargets.com. Spam filters set to maximum so only legit emails get through…


Section One – Outlook Updated Today. Click here for Section Two – Outlook Remains Valid shares

Click Epic to jump to share: LSE:BBY BALFOUR BEATTY** **LSE:EMG MAN** **LSE:IHG Intercontinental Hotels Group** **LSE:ITRK Intertek** **LSE:NG. National Glib** **LSE:NWG Natwest** **LSE:SRP Serco** **LSE:TSCO Tesco** **

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Updated charts published on : BALFOUR BEATTY, MAN, Intercontinental Hotels Group, Intertek, National Glib, Natwest, Serco, Tesco,


LSE:BBY BALFOUR BEATTY. Close Mid-Price: 676.5 Percentage Change: + 1.81% Day High: 675.5 Day Low: 661.5

In the event of BALFOUR BEATTY enjoying further trades beyond 675.5, the ……..

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LSE:EMG MAN. Close Mid-Price: 207.6 Percentage Change: + 1.76% Day High: 207.8 Day Low: 201

All MAN needs are mid-price trades ABOVE 207.8 to improve acceleration to ……..

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LSE:IHG Intercontinental Hotels Group. Close Mid-Price: 9348 Percentage Change: + 1.39% Day High: 9376 Day Low: 9244

Further movement against Intercontinental Hotels Group ABOVE 9376 should ……..

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LSE:ITRK Intertek. Close Mid-Price: 5080 Percentage Change: + 1.20% Day High: 5085 Day Low: 5035

Target met. In the event of Intertek enjoying further trades beyond 5085, ……..

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LSE:NG. National Glib. Close Mid-Price: 1151 Percentage Change: + 0.35% Day High: 1153 Day Low: 1140

Continued trades against NG. with a mid-price ABOVE 1153 should improve t ……..

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LSE:NWG Natwest. Close Mid-Price: 572.4 Percentage Change: + 4.91% Day High: 583 Day Low: 555

Continued trades against NWG with a mid-price ABOVE 583 should improve th ……..

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LSE:SRP Serco. Close Mid-Price: 255.8 Percentage Change: + 0.31% Day High: 257.4 Day Low: 253.6

Continued trades against SRP with a mid-price ABOVE 257.4 should improve ……..

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LSE:TSCO Tesco. Close Mid-Price: 455.4 Percentage Change: + 2.20% Day High: 456 Day Low: 444.2

Continued trades against TSCO with a mid-price ABOVE 456 should improve t ……..

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View Previous Tesco & Big Picture ***


*** End of “Updated Today” comments on shares

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