Commodity Prices

Gold •367 days	2,368.70	+35.30	+1.51%
Platinum •15 mins	1,407.10	+25.00	+1.81%
WTI Crude •1 day	66.50	-0.50	-0.75%
Gasoline •1 day	2.117	-0.002	-0.07%
Ethanol •367 days	2.161	+0.000	+0.00%
Silver •367 days	30.82	+1.16	+3.92%

Silver • 367 days	30.82	+1.16	+3.92%
Copper • 367 days	4.530	+0.111	+2.51%
Brent Crude • 1 day	68.30	-0.50	-0.73%
Natural Gas • 1 day	3.387	-0.022	-0.65%
Heating Oil • 1 day	2.409	+0.039	+1.65%

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EUR/GBP: Making New Lows

By - Dec 02, 2013, 5:02 AM CST

EUR/GBP has resumed its downtrend by breaking the support at 0.8301. A support stands at 0.8225. Hourly resistances can be found at 0.8352 (28/11/2013 high) and 0.8391 (26/11/2013 high).

The break of the support at 0.8301 also invalidates the previous long-term mildly declining channel, indicating a steeper decline. Further medium-term weakness towards the supports at 0.8225 (28/12/2012 high) and 0.8082 (01/01/2013 low) is expected.

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