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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

The contents on including any articles or videos are for information purposes only and are not intended as a recommendation to trade. Nothing on this website should be construed as investment advice or form the basis of an of investment decision.

Neither nor any contributing company/author accept any responsibility for any use that may be made of the above or for the correctness or accuracy of the information provided.

Content provided by CMC Markets. CMC Markets UK plc and CMC Spreadbet plc are authorised and regulated by the Financial Services Authority in the UK, registered offices, 133 Houndsditch, London, EC3A 7BX.

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