Commodity Prices

Gold •141 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	969.10	-1.40	-0.14%
WTI Crude •10 mins	70.20	+0.10	+0.14%
Gasoline •23 mins	2.057	-0.003	-0.12%
Ethanol •141 days	2.161	+0.000	+0.00%
Silver •141 days	30.82	+1.16	+3.92%

Silver • 141 days	30.82	+1.16	+3.92%
Copper • 141 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	74.32	+0.09	+0.12%
Natural Gas • 10 mins	3.350	+0.011	+0.33%
Heating Oil • 11 mins	2.275	+0.001	+0.04%

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GBP/USD: The Declining Channel Has Been Broken

By - Dec 05, 2012, 5:07 AM CST

GBP/USD has broken its declining channel. A move towards the next key resistance at 1.6178 is likely. Hourly supports are at 1.6086 and 1.6066 (intraday low).

GBP/USD is moving in a long-term horizontal range defined by the strong support at 1.5235 (13/01/2012 low) and the strong resistance at 1.6302 (30/04/2012 high).

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