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Neighbour: Going cold on Centrica amid FTSE uncertainty

Joe Neighbour from Central Markets sees more short-term weakness in the price of Centrica, the British gas owner.

Centrica looks like it's a victim of FTSE uncertainty, with no follow through in either direction,

"The shares broke down below short term trend resistance yesterday and finished at the lows of the session. We are also seeing the momentum indicators roll over suggesting more weakness will be seen." says Joe.

Selling into strength to the lows at GBP 2.18

Stop: GBP 2.45

00:55 minutes
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