GBP/USD

Episode 218 | 3 Charts in 1 | 11 Nov 2022 | GBP/USD, Silver (XAGUSD), German DAX Index (GER40)



There has been a dramatic shift in sentiment throughout the week, culminating in yesterday’s moves in the wake of the lower than expected US CPI inflation. Huge moves on major forex, commodities and equity markets. In this video, Richard Perry discusses strategies for:
GBP/USD – A sharp move higher has broken key resistance. We look at potential upside targets and what needs to happen for the break to be sustainable.
Silver (XAGUSD) – As the price has broken to multi-month highs, what needs to be seen for the move to continue?
German DAX Index (GER40) – What needs to be seen for the breakout to be sustained? We look at the key levels of resistance and support.

Chapters:
0:00 Introduction
0:36 GBP/USD – Breakout support needs to hold
2:35 Silver – Holding a key medium-term breakout
4:28 German DAX Index – Another huge breakout

Risk Notice:

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infinox.com/fsc: All trading carries risk.

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