Commodity Prices

Gold •15 mins	2,297.20	-5.70	-0.25%
Platinum •15 mins	943.80	-4.40	-0.46%
WTI Crude •10 mins	81.14	-0.79	-0.96%
Gasoline •7 hours	2.711	-0.038	-1.38%
Ethanol •4 hours	2.161	+0.000	+0.00%
Silver •15 mins	26.56	-0.10	-0.37%

Silver • 15 mins	26.56	-0.10	-0.37%
Copper • 15 mins	4.536	-0.029	-0.62%
Brent Crude • 7 hours	87.86	-0.54	-0.61%
Natural Gas • 10 mins	1.944	-0.047	-2.36%
Heating Oil • 7 hours	2.513	-0.018	-0.71%

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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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