Commodity Prices

Gold •317 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	990.20	-5.20	-0.52%
WTI Crude •3 hours	62.49	+0.87	+1.41%
Gasoline •3 hours	2.142	+0.007	+0.35%
Ethanol •317 days	2.161	+0.000	+0.00%
Silver •317 days	30.82	+1.16	+3.92%

Silver • 317 days	30.82	+1.16	+3.92%
Copper • 317 days	4.530	+0.111	+2.51%
Brent Crude • 2 hours	65.41	+0.88	+1.36%
Natural Gas • 3 hours	3.334	-0.028	-0.83%
Heating Oil • 3 hours	2.141	-0.025	-1.17%

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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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