"No warning can save people determined to grow suddenly rich" - Lord Overstone
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Gold •10 mins | 2,347.20 | +4.70 | +0.20% |
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Platinum •10 mins | 922.10 | +1.60 | +0.17% |
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WTI Crude •1 day | 83.85 | +0.28 | +0.34% |
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Gasoline •1 day | 2.765 | +0.006 | +0.23% |
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Ethanol •1 day | 2.161 | +0.000 | +0.00% |
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Silver •10 mins | 27.54 | -0.10 | -0.35% |
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Silver • 10 mins | 27.54 | -0.10 | -0.35% | |
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Copper • 10 mins | 4.574 | +0.036 | +0.78% | |
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Brent Crude • 1 day | 89.50 | +0.49 | +0.55% | |
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Natural Gas • 1 day | 1.614 | -0.024 | -1.47% | |
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Heating Oil • 1 day | 2.548 | -0.002 | -0.09% |
An economic slowdown in many…
This aging bull market may…
The Economic Community of West…
GBP/USD has broken its short-term declining channel, which is short-term positive. A test of the short-term resistance at 1.6178 is likely underway. An hourly support can be found at 1.6094 (intraday low).
GBP/USD is likely moving in a long-term horizontal range. The resistances given by 1.6302 (30/04/2012 high) and by the long-term declining trendline (linking the August 2009 top with the April 2011 top) favour a consolidation phase.
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