Commodity Prices

Gold •751 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,604.10	-4.70	-0.29%
WTI Crude •11 hours	89.31	-2.88	-3.12%
Gasoline •11 hours	3.396	-0.101	-2.87%
Ethanol •751 days	2.161	+0.000	+0.00%
Silver •751 days	30.82	+1.16	+3.92%

Silver • 751 days	30.82	+1.16	+3.92%
Copper • 751 days	4.530	+0.111	+2.51%
Brent Crude • 10 hours	96.78	-3.91	-3.88%
Natural Gas • 11 hours	2.871	-0.045	-1.54%
Heating Oil • 11 hours	4.181	-0.161	-3.71%

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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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