Commodity Prices

Gold •274 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	956.00	-0.60	-0.06%
WTI Crude •10 mins	66.77	-0.18	-0.27%
Gasoline •10 mins	2.155	-0.009	-0.42%
Ethanol •274 days	2.161	+0.000	+0.00%
Silver •274 days	30.82	+1.16	+3.92%

Silver • 274 days	30.82	+1.16	+3.92%
Copper • 274 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	70.14	-4.81	-6.42%
Natural Gas • 10 mins	4.141	+0.003	+0.07%
Heating Oil • 10 mins	2.181	-0.008	-0.35%

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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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