Commodity Prices

Gold •15 mins	2,349.80	+7.30	+0.31%
Platinum •15 mins	931.10	+10.60	+1.15%
WTI Crude •10 mins	83.95	+0.38	+0.45%
Gasoline •10 mins	2.776	+0.018	+0.66%
Ethanol •8 hours	2.161	+0.000	+0.00%
Silver •15 mins	27.89	+0.26	+0.93%

Silver • 15 mins	27.89	+0.26	+0.93%
Copper • 15 mins	4.592	+0.053	+1.17%
Brent Crude • 11 mins	89.42	+0.41	+0.46%
Natural Gas • 10 mins	1.590	-0.048	-2.93%
Heating Oil • 1 hour	2.562	+0.012	+0.45%

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EUR/GBP: While Under 0.7963, Rise Seen as Corrective

By - Aug 23, 2012, 6:22 AM CDT

EUR/GBP remains within a large corrective phase. While under 0.7963 we view the move as a corrective phase and look for a lower high versus 0.7963.

Over 0.7963 (06/08/2012 high) will neutralise our current bearish bias. In the meantime, we continue to expect a return to the old trading range between 0.6500 and 0.7000.

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