Commodity Prices

Gold •168 days	2,368.70	+35.30	+1.51%
Platinum •10 mins	930.80	-3.80	-0.41%
WTI Crude •1 hour	70.42	-0.16	-0.23%
Gasoline •11 mins	1.938	-0.005	-0.25%
Ethanol •168 days	2.161	+0.000	+0.00%
Silver •168 days	30.82	+1.16	+3.92%

Silver • 168 days	30.82	+1.16	+3.92%
Copper • 168 days	4.530	+0.111	+2.51%
Brent Crude • 10 mins	73.10	-0.29	-0.40%
Natural Gas • 10 mins	3.497	+0.123	+3.65%
Heating Oil • 12 mins	2.240	-0.015	-0.65%

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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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