ROYAL BANK OF SCOTLAND GROUP PLC is within a rising trend. Continued positive development within the trend channel is indicated. The stock has broken up through the resistance at pence 50.00. A further rise to 100p (1) is predicted in the medium term. The stock is assessed as technically positive for the medium long term.

Good luck -

RBS has billions in the irish economy

notwithstanding that Dow was weak last night and that many in US will take a full week's holiday, thus making for quiet but perhaps volatile markets, i would hazard that RBS is due for a bounce ..... i'm away all next week though shall watch things as and when i can, otherwise might have been tempted to dabble

All the papers say do the opposite.

The Irish will bring RBS down.

How can they? RBS is mostly owned by HMG which is in a marginally better state than Eire.

HC,

Are you sure about that.

Pardon me, I thought the problem (er why HMG lent Eire "our" money this Month), because if Eire doesn't get out of this hole they created "That Celtic Tiger" - ((the one that newspapers praised, and everyone said "how wonderful" ))- If Eire goes bankrupt (tecnically even one wheel off the track on a tight bend) then RBS might have to increase its provisions for loss, as they (or the Dutch) had lent them more than anything like colateral was worth.

Funny that, when I want a loan from "my bank" the Manager (the youth) wants to know my blood type, and have the keys to my wife's bedroom (alternate thursdays) and the new property, to make sure I keep up the repayments.

Yet, they seems to be able to lend more money than one Branch can muster on some infrastructure project that can't be "reprosessed" and we wonder why RBS execs are paid so much? Let's face it a non-banking dummy could do no worse.

what's the reason behind the jump to 47p shame it didnt last!!

probably on the tail of Barc, lloy up slightly but barc storming. All those bonuses paying off.,.

47p on the bid.

hopefully a return to 50p + this week with results due end of week

if not already announced, there will no doubt be news/confirmation about the sale of various of their assets to Santander

Government 'to sell off RBS shares'

http://uk.news.yahoo.com/21/20110220/tuk-government-to-sell-off-rbs-shares-6323e80.html

ECB concerns hit RBS and Barclays

xhttp://www.whatinvestment.co.uk/trading/share-dealing/news/1603683/market-update-noon-ecb-concerns-hit-rbs-and-barclays.thtml

so fred goodwin does not want to be called a banker i have news for him he was not . HE WAS JUST A BIG LIAR AND A VERY DISHONEST HUMAN SUB LIFE

Not surprised! to hear this.
He may know this!

Interim Management Statement - Part 1 of 10!!

According to the FT -The chief executive of Royal Bank of Scotland has told senior colleagues that he will stay in the job for up to eight more years, scotching rumours that he could quit within 18 months.

isn't that a bit like a footy club chairman issuing a statement of fullest support for the manager?