Quoted from blackdog

http://www.sustrans.org.uk/assets/files/leaflets/KAcycleguide.pdf

Shows a cycle route along the south bank of the canal through the Oracle - presumably along the tow path.

Yep - done it several times. It is part of the Thames Valley Cycle route.

FYI the Kennet runs through the Oracle and on th eotherside (west )is a lock so narrowbots can and do go through, I've seen them.