Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading spread bets and CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.

1st Mar 2021. 9.23am


Ticker BT.A
Direction Short
Enter At market (125.8p)
Stop 130p (4.2pts 3.3%)

Regency View:

SELL BT Group (BT.A)

BT break lower from mini-range

After spending two weeks trapped in a tight 5p range, BT’s share price finally tipped its hand on Friday, breaking and closing decisively lower.

This morning’s price action has seen the shares bounce with the market – taking prices back to the broken range and we expect this to provide resistance.


Enter short at market prices with a stop back above Friday’s highs. We’re looking for a retest of early-Feb lows at 120p.

BT.A Daily Candle Chart

BT.A Daily Candle Chart


All content is provided for general information only and should not be construed as any form of advice. The signals provided by Regency Capital are not regulated by the Financial Conduct Authority (FCA) and as such customers who subscribe to this service will not be eligible for the Financial Ombudsman Services (FOS) or the Financial Services Compensation Scheme (FSCS).