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Technical Trading Video Discussing Sterling Ahead of Carney’s First MPC Minutes

With the latest BoE minutes set to provide insight into Carney’s first MPC meeting, this trading video takes a look at the latest technical outlook for a range of popular spread betting markets:

  • EUR/USD: If we break below $1.30 then we will target $1.29
  • GBP/USD: UK inflation data / BoE minutes will dictate sterling moves – $1.50 remains key support
  • Dow Jones: All-time closing highs despite investor nervousness of Fed tapering – stock markets await Bernanke testimony

The analysis also discusses US bonds, the FTSE 100, EUR/GBP, AUD/USD, gold, copper and crude oil.

 

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Video content by Michael Hewson of CMC Markets

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