Commodity Prices

Gold •362 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	1,359.30	+16.30	+1.21%
WTI Crude •10 mins	65.08	-0.03	-0.05%
Gasoline •10 mins	2.066	-0.006	-0.28%
Ethanol •362 days	2.161	+0.000	+0.00%
Silver •362 days	30.82	+1.16	+3.92%

Silver • 362 days	30.82	+1.16	+3.92%
Copper • 362 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	66.71	-0.03	-0.04%
Natural Gas • 10 mins	3.400	-0.056	-1.62%
Heating Oil • 10 mins	2.267	-0.010	-0.42%

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GBP/USD: Challenging Support at 1,6003

By - Jan 10, 2013, 5:48 AM CST

GBP/USD is moving sideways close to the support at 1.6003 (07/12/2012 low). A break of the resistance at 1.6129 (08/01/2013 high) is needed to negate the bearish bias implied by January's sharp decline.

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). A key support area is given by 1.5829 (15/11/2012 low) and 1.5755 (28/08/2012 low).

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